After The Breakup Of The USSR, It Briefly Appeared As Though Russia S Emerging Commercial Banks Might Act As Engines Of Growth For A New Capitalist Economy However, Despite Than A Decade Of Reforms, Russia S Financial System Collapsed In Why Had Ambitious Efforts To Decentralize And Liberalize The Banking Industry Failed In A Fistful Of Rubles, Juliet Johnson Offers The First Comprehensive Look At How Russia S Banks, Once Expected To Revitalize The Nation S Economy, Instead Became One Of The Largest Obstacles To Its RecoveryDrawing On Interviews With Russian Bankers, Policymakers, And Entrepreneurs, Johnson Traces The Evolution Of The Banking System From Through The Aftermath Of The Crash She Describes How Dysfunctional Institutional Procedures Left Over From The Soviet Period Hindered The Subsequent Development Of Sound Financial Practices Johnson Argues That These Legacies, Along With Misguided, Western Inspired Liberalization Policies, Led To The Creation Of Parasitic Banks For Which Success Depended On Political Connections Rather Than On Investment Strategies Johnson Demonstrates That Banking Reform Efforts Ultimately Did Harm Than Good, Because Russian Officials And Their International Advisers Failed To Build The Corresponding Economic, Legal, And Political Institutions Upon Which Modern Market Behavior Depends
Is a well-known author, some of his books are a fascination for readers like in the A Fistful of Rubles: The Rise and Fall of the Russian Banking System book, this is one of the most wanted Juliet Ellen Johnson author readers around the world.
- 272 pages
- A Fistful of Rubles: The Rise and Fall of the Russian Banking System
- Juliet Ellen Johnson
- 09 August 2019 Juliet Ellen Johnson