Fixing Russias Banks

Author : Michael S. Bernstam
Publisher : Hoover Institution Press
ISBN 13 : 0817995765
Total Pages : 118 pages
Book Rating : 4.68/5 ( download)

DOWNLOAD NOW!

Download or read book Fixing Russia's Banks written by Michael S. Bernstam and published by Hoover Institution Press. This book was released on 2013-11-01 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Lawrence R. Klein
Publisher : Stanford University Press
ISBN 13 : 0804741654
Total Pages : 478 pages
Book Rating : 4.51/5 ( download)

DOWNLOAD NOW!

Download or read book The New Russia written by Lawrence R. Klein and published by Stanford University Press. This book was released on 2001 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work delivers the unpopular message that the West has played a pivotal role in the Russian economic disaster of the 1990s. The 26 contributions to this book examine this topic which is divided into three parts: theory, evidence, and policy.

Author : Juliet Johnson
Publisher : Cornell University Press
ISBN 13 : 1501731319
Total Pages : 265 pages
Book Rating : 4.10/5 ( download)

DOWNLOAD NOW!

Download or read book A Fistful of Rubles written by Juliet Johnson and published by Cornell University Press. This book was released on 2018-09-05 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 more than a decade of "reforms," Russia's financial system collapsed in 1998. 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 recovery.Drawing on interviews with Russian bankers, policymakers, and entrepreneurs, Johnson traces the evolution of the banking system from 1987 through the aftermath of the 1998 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 more 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.

Author : United States. Congress. House. Speaker's Advisory Group on Russia
Publisher :
ISBN 13 :
Total Pages : 220 pages
Book Rating : 4.34/5 ( download)

DOWNLOAD NOW!

Download or read book Russia's Road to Corruption written by United States. Congress. House. Speaker's Advisory Group on Russia and published by . This book was released on 2000 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Jeffrey Mankoff
Publisher : Council on Foreign Relations Press
ISBN 13 : 9780876094761
Total Pages : 0 pages
Book Rating : 4.60/5 ( download)

DOWNLOAD NOW!

Download or read book The Russian Economic Crisis written by Jeffrey Mankoff and published by Council on Foreign Relations Press. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly two decades after the fall of the Soviet Union, the character of Russia, its principal successor state, remains unresolved. So, too, does the character of Russia's relationship with the West. Though the intense U.S.-Soviet rivalry of the Cold War is over, Russia has not become the consistent partner that many on the outside hoped would emerge after the Cold War's end. The United States and Europe have taken issue with many elements of Russia's domestic trajectory and regional and international posture, including its democratic practices, energy-related activities in Europe, stance on Iran's nuclear program, and actions in the 2008 Russia-Georgia conflict. At the same time, many Russians are also disappointed with Western policies and actions, including sympathy for Georgia, U.S. plans for missile defense, and, above all, the enlargement of NATO. This has made for a mix of resentment and assertiveness in Moscow. A principal factor enabling this assertiveness in recent years has been Russia's strong economic growth. Since 2008, though, Russia, like many other countries, has experienced a deep economic crisis. The question is how this crisis might affect Russia's domestic politics and foreign policy and, consequently, whether any change is warranted in U.S. policy toward Moscow.

Author : IT Shades
Publisher : EGBG Services LLC
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!

Download or read book I-Bytes Financial Services Industry written by IT Shades and published by EGBG Services LLC. This book was released on 2020-10-06 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document brings together a set of latest data points and publicly available information relevant for Financial Services Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely.

Author : Marshall I. Goldman
Publisher : Routledge
ISBN 13 : 1134376847
Total Pages : 348 pages
Book Rating : 4.41/5 ( download)

DOWNLOAD NOW!

Download or read book The Piratization of Russia written by Marshall I. Goldman and published by Routledge. This book was released on 2003-04-10 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1991, a small group of Russians emerged from the collapse of the Soviet Union and enjoyed one of the greatest transfers of wealth ever seen, claiming ownership of some of the most valuable petroleum, natural gas and metal deposits in the world. By 1997, five of those individuals were on Forbes Magazine's list of the world's richest billionaires.

Author : Jerry F. Hough
Publisher : Rowman & Littlefield
ISBN 13 : 9780815798590
Total Pages : 344 pages
Book Rating : 4.98/5 ( download)

DOWNLOAD NOW!

Download or read book The Logic of Economic Reform in Russia written by Jerry F. Hough and published by Rowman & Littlefield. This book was released on 2004-06-23 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the failure of economic reform in Russia since 1991, when Boris Yeltsin proclaimed his commitment to economic stabilization, privatization, and price liberalization. Optimism over Russia¡¯s market reforms vanished with the crash of August 1998, when the ruble lost over 70 percent of its value and banks defaulted on their debts and forward currency contracts. Contrary to Yeltsin¡¯s reform promises, the Russian economy of the 1990s more closely resembled a Soviet model than a market-driven one. The Logic of Economic Reform in Russia illuminates the general problems of establishing market economies in settings where the institutional system to support the market has not had decades to develop. Suggesting that corruption may be associated with growth in the early stages of capitalism, Jerry F. Hough argues that the disappointing results of Yeltsin¡¯s reform efforts were not the product of Russian culture or history, but the logical consequences of rational men responding to the incentive system created by economic reform.

Author : David Enrich
Publisher : HarperCollins
ISBN 13 : 0062878824
Total Pages : 475 pages
Book Rating : 4.23/5 ( download)

DOWNLOAD NOW!

Download or read book Dark Towers written by David Enrich and published by HarperCollins. This book was released on 2020-02-18 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 WALL STREET JOURNAL BESTSELLER * NEW YORK TIMES BESTSELLER New York Times finance editor David Enrich's explosive exposé of the most scandalous bank in the world, revealing its shadowy ties to Donald Trump, Putin's Russia, and Nazi Germany “A jaw-dropping financial thriller” —Philadelphia Inquirer On a rainy Sunday in 2014, a senior executive at Deutsche Bank was found hanging in his London apartment. Bill Broeksmit had helped build the 150-year-old financial institution into a global colossus, and his sudden death was a mystery, made more so by the bank’s efforts to deter investigation. Broeksmit, it turned out, was a man who knew too much. In Dark Towers, award-winning journalist David Enrich reveals the truth about Deutsche Bank and its epic path of devastation. Tracing the bank’s history back to its propping up of a default-prone American developer in the 1880s, helping the Nazis build Auschwitz, and wooing Eastern Bloc authoritarians, he shows how in the 1990s, via a succession of hard-charging executives, Deutsche made a fateful decision to pursue Wall Street riches, often at the expense of ethics and the law. Soon, the bank was manipulating markets, violating international sanctions to aid terrorist regimes, scamming investors, defrauding regulators, and laundering money for Russian oligarchs. Ever desperate for an American foothold, Deutsche also started doing business with a self-promoting real estate magnate nearly every other bank in the world deemed too dangerous to touch: Donald Trump. Over the next twenty years, Deutsche executives loaned billions to Trump, the Kushner family, and an array of scandal-tarred clients, including convicted sex offender Jeffrey Epstein. Dark Towers is the never-before-told saga of how Deutsche Bank became the global face of financial recklessness and criminality—the corporate equivalent of a weapon of mass destruction. It is also the story of a man who was consumed by fear of what he’d seen at the bank—and his son’s obsessive search for the secrets he kept.

Author : Robert W. McGee
Publisher : Springer Science & Business Media
ISBN 13 : 0387848312
Total Pages : 418 pages
Book Rating : 4.10/5 ( download)

DOWNLOAD NOW!

Download or read book Corporate Governance in Transition Economies written by Robert W. McGee and published by Springer Science & Business Media. This book was released on 2008-11-16 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Corporate Governance in Transition Economies" will appeal to a wide segment of the academic market including accounting and finance professors and students because the main theme of the book deals with accounting and financial system reform. Economists in the subfields of transition economics and development economics for it addresses current issues in their field. It will also appeal to scholars in the field of Russian and East European Studies because the book discusses topics involving Russia, Ukraine and other East European countries. Policy analysts who deal with accounting, finance, transition economics or Russia or Eastern Europe will also find this book to be a valuable reference and source of current information.