Fixing Russia's Banks: A Proposal for Growth
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- Synopsis
- 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.
- Copyright:
- 1998
Book Details
- Book Quality:
- Publisher Quality
- Book Size:
- 114 Pages
- ISBN-13:
- 9780817995768
- Related ISBNs:
- 9780817995720
- Publisher:
- Hoover Institution Press
- Date of Addition:
- 04/18/23
- Copyrighted By:
- the Board of Trustees of the Leland Stanford Junior University
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.