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Fixing Russia's Banks : A Proposal for Growth

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Fixing Russia's Banks: A solution for growth.

This book presents an analysis of the financial system in Russia and proposes solutions to fix the government-controlled banking system. It offers insights into why the much-anticipated growth failed despite numerous attempts to encourage privatization, foreign trade liberalization, and price control removal. This book is recommended for economists, analysts, and researchers interested in financial systems and its role in a nation's growth.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Sale

Fixing Russia's Banks : A Proposal for Growth

Regular price $7.90 Now $3.90 Save 51%
Unit price
per
ISBN: 9780817995720
Estimated First-hand Retail Price: $24.27
Date of Publication: 1998-08-01
Format: Paperback
Related Collections: Economics, History, Business
Related Topics: Finance, European History

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Description

Fixing Russia's Banks documents how Russia's financial system is built on what Michael S. Bernstam and Alvin Rabushka call ersatz banks. These inferior imitation banks have served largely as tools of the government to redistribute public funds to favored firms. The highly vaunted achievements of privatization, removal of price controls, and foreign trade liberalization have failed to produce growth because of a lack of private financing. National income has declined nearly 40 percent since 1992, with no recovery in sight.


Author: Michael S Bernstam
Format: Paperback
Number of Pages: 114
Publisher: Hoover Institution Press,U.S.
Publication Date: 01 Aug 1998
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Fixing Russia's Banks: A solution for growth.

This book presents an analysis of the financial system in Russia and proposes solutions to fix the government-controlled banking system. It offers insights into why the much-anticipated growth failed despite numerous attempts to encourage privatization, foreign trade liberalization, and price control removal. This book is recommended for economists, analysts, and researchers interested in financial systems and its role in a nation's growth.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.