Monetary Policy in the Soviet Union
eBook - PDF

Monetary Policy in the Soviet Union

Empirical Analyses of Monetary Aspects of Soviet Economic Development

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Monetary Policy in the Soviet Union

Empirical Analyses of Monetary Aspects of Soviet Economic Development

About this book

This book sheds light on ?the Soviet economic system, which claimed the eventual abolition of money, collapsed following a monetary turmoil. It argues that the cause of the economic collapse was embedded in the design of the economic system. The Soviet economic system restricted the market, but continued to use fiat money. Consequently, it faced the question for which no feasible answer seemed to exist: how to manage fiat money without data and information generated by the market? Using Soviet data newly available from the archives, the book evaluates the performance of the components of monetary management mechanism, discovers the continuous accumulation of open and secret government debts, and quantitatively analyzes the relationship between economic growth and the money supply to support the argument. The book concludes that the Soviet economic collapse marked the end of the long history of Soviet monetary mismanagement.

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Yes, you can access Monetary Policy in the Soviet Union by Yasushi Nakamura in PDF and/or ePUB format, as well as other popular books in Business & International Business. We have over one million books available in our catalogue for you to explore.

Information

Table of contents

  1. Preface
  2. Contents
  3. Abbreviations
  4. List of Figures
  5. List of Tables
  6. Chapter 1 Introduction
  7. Chapter 2 Historical Background of the Soviet Monetary Policy
  8. Chapter 3 Soviet Productivity Growth
  9. Chapter 4 Performance of Soviet Cash Money Management
  10. Chapter 5 Soviet Banking and Non-cash Money Management
  11. Chapter 6 Money Supply and Soviet Foreign Trade
  12. Chapter 7 Soviet Monetary Policy and Government Debts
  13. Appendix: Soviet Data
  14. Notes and Sources
  15. References
  16. Index