Monetary Policy in the Soviet Union

Empirical Analyses of Monetary Aspects of Soviet Economic Development

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Éditeur :

Palgrave Macmillan


Paru le : 2017-08-08



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Description
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.

Pages
222 pages
Collection
n.c
Parution
2017-08-08
Marque
Palgrave Macmillan
EAN papier
9781137494160
EAN PDF
9781137494184

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
22
Taille du fichier
4280 Ko
Prix
126,59 €
EAN EPUB
9781137494184

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
22
Taille du fichier
1741 Ko
Prix
126,59 €

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