A Fistful of Rubles : : The Rise and Fall of the Russian Banking System / / Juliet Johnson.
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...
Saved in:
Superior document: | Title is part of eBook package: De Gruyter Cornell University Press Backlist 2000-2013 |
---|---|
VerfasserIn: | |
Place / Publishing House: | Ithaca, NY : : Cornell University Press, , [2018] ©2000 |
Year of Publication: | 2018 |
Language: | English |
Online Access: | |
Physical Description: | 1 online resource (272 p.) :; 2 maps, 23 tables |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
9781501731310 |
---|---|
ctrlnum |
(DE-B1597)515187 (OCoLC)1100445303 |
collection |
bib_alma |
record_format |
marc |
spelling |
Johnson, Juliet, author. aut http://id.loc.gov/vocabulary/relators/aut A Fistful of Rubles : The Rise and Fall of the Russian Banking System / Juliet Johnson. Ithaca, NY : Cornell University Press, [2018] ©2000 1 online resource (272 p.) : 2 maps, 23 tables text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- Figures and Tables -- Preface: The Power of Trust -- Note on Transliteration -- Abbreviations -- 1. The Politics of Money -- 2. The Political Origins of Russia's Banks -- 3. The Central Bank of Russia -- 4. Shock Therapy Meets Soviet Bankers -- 5. For a Few Rubles More: Banking in Russia's Regions -- 6. Russia's Financial-Industrial "Oligarchy" -- 7. The Crash of 1998 -- 8. The End of the Beginning -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star 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. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 26. Apr 2024) Banks and banking Russia (Federation). Finance Russia (Federation). General Economics. Political Science & Political History. POLITICAL SCIENCE / Political Economy. bisacsh Title is part of eBook package: De Gruyter Cornell University Press Backlist 2000-2013 9783110536157 https://doi.org/10.7591/9781501731310 https://www.degruyter.com/isbn/9781501731310 Cover https://www.degruyter.com/document/cover/isbn/9781501731310/original |
language |
English |
format |
eBook |
author |
Johnson, Juliet, Johnson, Juliet, |
spellingShingle |
Johnson, Juliet, Johnson, Juliet, A Fistful of Rubles : The Rise and Fall of the Russian Banking System / Frontmatter -- Contents -- Figures and Tables -- Preface: The Power of Trust -- Note on Transliteration -- Abbreviations -- 1. The Politics of Money -- 2. The Political Origins of Russia's Banks -- 3. The Central Bank of Russia -- 4. Shock Therapy Meets Soviet Bankers -- 5. For a Few Rubles More: Banking in Russia's Regions -- 6. Russia's Financial-Industrial "Oligarchy" -- 7. The Crash of 1998 -- 8. The End of the Beginning -- Index |
author_facet |
Johnson, Juliet, Johnson, Juliet, |
author_variant |
j j jj j j jj |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Johnson, Juliet, |
title |
A Fistful of Rubles : The Rise and Fall of the Russian Banking System / |
title_sub |
The Rise and Fall of the Russian Banking System / |
title_full |
A Fistful of Rubles : The Rise and Fall of the Russian Banking System / Juliet Johnson. |
title_fullStr |
A Fistful of Rubles : The Rise and Fall of the Russian Banking System / Juliet Johnson. |
title_full_unstemmed |
A Fistful of Rubles : The Rise and Fall of the Russian Banking System / Juliet Johnson. |
title_auth |
A Fistful of Rubles : The Rise and Fall of the Russian Banking System / |
title_alt |
Frontmatter -- Contents -- Figures and Tables -- Preface: The Power of Trust -- Note on Transliteration -- Abbreviations -- 1. The Politics of Money -- 2. The Political Origins of Russia's Banks -- 3. The Central Bank of Russia -- 4. Shock Therapy Meets Soviet Bankers -- 5. For a Few Rubles More: Banking in Russia's Regions -- 6. Russia's Financial-Industrial "Oligarchy" -- 7. The Crash of 1998 -- 8. The End of the Beginning -- Index |
title_new |
A Fistful of Rubles : |
title_sort |
a fistful of rubles : the rise and fall of the russian banking system / |
publisher |
Cornell University Press, |
publishDate |
2018 |
physical |
1 online resource (272 p.) : 2 maps, 23 tables |
contents |
Frontmatter -- Contents -- Figures and Tables -- Preface: The Power of Trust -- Note on Transliteration -- Abbreviations -- 1. The Politics of Money -- 2. The Political Origins of Russia's Banks -- 3. The Central Bank of Russia -- 4. Shock Therapy Meets Soviet Bankers -- 5. For a Few Rubles More: Banking in Russia's Regions -- 6. Russia's Financial-Industrial "Oligarchy" -- 7. The Crash of 1998 -- 8. The End of the Beginning -- Index |
isbn |
9781501731310 9783110536157 |
geographic_facet |
Russia (Federation). |
url |
https://doi.org/10.7591/9781501731310 https://www.degruyter.com/isbn/9781501731310 https://www.degruyter.com/document/cover/isbn/9781501731310/original |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
332 - Financial economics |
dewey-full |
332.1/0947 |
dewey-sort |
3332.1 3947 |
dewey-raw |
332.1/0947 |
dewey-search |
332.1/0947 |
doi_str_mv |
10.7591/9781501731310 |
oclc_num |
1100445303 |
work_keys_str_mv |
AT johnsonjuliet afistfulofrublestheriseandfalloftherussianbankingsystem AT johnsonjuliet fistfulofrublestheriseandfalloftherussianbankingsystem |
status_str |
n |
ids_txt_mv |
(DE-B1597)515187 (OCoLC)1100445303 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Cornell University Press Backlist 2000-2013 |
is_hierarchy_title |
A Fistful of Rubles : The Rise and Fall of the Russian Banking System / |
container_title |
Title is part of eBook package: De Gruyter Cornell University Press Backlist 2000-2013 |
_version_ |
1806143931161772032 |
fullrecord |
<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>04180nam a2200625Ia 4500</leader><controlfield tag="001">9781501731310</controlfield><controlfield tag="003">DE-B1597</controlfield><controlfield tag="005">20240426104009.0</controlfield><controlfield tag="006">m|||||o||d||||||||</controlfield><controlfield tag="007">cr || ||||||||</controlfield><controlfield tag="008">240426t20182000nyu fo d z eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781501731310</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.7591/9781501731310</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-B1597)515187</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1100445303</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-B1597</subfield><subfield code="b">eng</subfield><subfield code="c">DE-B1597</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">nyu</subfield><subfield code="c">US-NY</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">POL023000</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="082" ind1="0" ind2="4"><subfield code="a">332.1/0947</subfield><subfield code="2">21</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Johnson, Juliet, </subfield><subfield code="e">author.</subfield><subfield code="4">aut</subfield><subfield code="4">http://id.loc.gov/vocabulary/relators/aut</subfield></datafield><datafield tag="245" ind1="1" ind2="2"><subfield code="a">A Fistful of Rubles :</subfield><subfield code="b">The Rise and Fall of the Russian Banking System /</subfield><subfield code="c">Juliet Johnson.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Ithaca, NY : </subfield><subfield code="b">Cornell University Press, </subfield><subfield code="c">[2018]</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">©2000</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (272 p.) :</subfield><subfield code="b">2 maps, 23 tables</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="347" ind1=" " ind2=" "><subfield code="a">text file</subfield><subfield code="b">PDF</subfield><subfield code="2">rda</subfield></datafield><datafield tag="505" ind1="0" ind2="0"><subfield code="t">Frontmatter -- </subfield><subfield code="t">Contents -- </subfield><subfield code="t">Figures and Tables -- </subfield><subfield code="t">Preface: The Power of Trust -- </subfield><subfield code="t">Note on Transliteration -- </subfield><subfield code="t">Abbreviations -- </subfield><subfield code="t">1. The Politics of Money -- </subfield><subfield code="t">2. The Political Origins of Russia's Banks -- </subfield><subfield code="t">3. The Central Bank of Russia -- </subfield><subfield code="t">4. Shock Therapy Meets Soviet Bankers -- </subfield><subfield code="t">5. For a Few Rubles More: Banking in Russia's Regions -- </subfield><subfield code="t">6. Russia's Financial-Industrial "Oligarchy" -- </subfield><subfield code="t">7. The Crash of 1998 -- </subfield><subfield code="t">8. The End of the Beginning -- </subfield><subfield code="t">Index</subfield></datafield><datafield tag="506" ind1="0" ind2=" "><subfield code="a">restricted access</subfield><subfield code="u">http://purl.org/coar/access_right/c_16ec</subfield><subfield code="f">online access with authorization</subfield><subfield code="2">star</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">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.</subfield></datafield><datafield tag="538" ind1=" " ind2=" "><subfield code="a">Mode of access: Internet via World Wide Web.</subfield></datafield><datafield tag="546" ind1=" " ind2=" "><subfield code="a">In English.</subfield></datafield><datafield tag="588" ind1="0" ind2=" "><subfield code="a">Description based on online resource; title from PDF title page (publisher's Web site, viewed 26. Apr 2024)</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Banks and banking</subfield><subfield code="z">Russia (Federation).</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Finance</subfield><subfield code="z">Russia (Federation).</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">General Economics.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Political Science & Political History.</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">POLITICAL SCIENCE / Political Economy.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">Cornell University Press Backlist 2000-2013</subfield><subfield code="z">9783110536157</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.7591/9781501731310</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://www.degruyter.com/isbn/9781501731310</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="3">Cover</subfield><subfield code="u">https://www.degruyter.com/document/cover/isbn/9781501731310/original</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-053615-7 Cornell University Press Backlist 2000-2013</subfield><subfield code="c">2000</subfield><subfield code="d">2013</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_BACKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_CL_SN</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EBACKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ECL_SN</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EEBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ESSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_PPALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_SSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV-deGruyter-alles</subfield></datafield></record></collection> |