1st Edition
Russian Currency and Finance A Currency Board Approach to Reform
240 Pages
by
Routledge
240 Pages
by
Routledge
Also available as eBook on:
As the new Russian state struggles with the transition to a market economy, the need for radical monetary reform becomes increasingly urgent. The choice of reform is crucial, for it will largely determine Russia's future economic performance. In order to break free of the lingering effects of Soviet central planning, the new Russian state needs a stable, convertible currency. Steve H. Hanke, Lars... Read more
1. The Case for a Currency Board in Russia; 2. The Case against the Central Bank of Russia; 3. Central Banking and the Russian Monetary System; 4. Currency Boards, Central Banks, and the Money Supply Process; 5. How to Establish a Currency Board in Russia; 6. How to Operate and Protect a Currency Board in Russia; 7. The Currency Board and Reform of the Russian Monetary System; 8. Objections to a Currency Board in Russia; 9. Two Successful Russian Monetary Reforms; ch0010 Conclusion;
Biography
Hanke, Steve H.; Jonung, Lars; Schuler, Kurt
