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Vanishing Rouble

Barter Networks and Non-Monetary Transactions in Post-Soviet Societies

Language EnglishEnglish
Book Paperback
Book Vanishing Rouble Paul Seabright
Libristo code: 02043636
Publishers Cambridge University Press, November 2000
One of the most remarkable aspects of the transition process in the former Soviet Union has been the... Full description
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One of the most remarkable aspects of the transition process in the former Soviet Union has been the extent to which the economy has effectively become demonetized in recent years. At the time of Russia's financial crisis of 1998 it was estimated that up to 70% of industrial output was being exchanged for barter. This book provides an accessible and authoritative analysis of barter in the former Soviet Union, addressing such questions as: • What has brought about this demonetization and why have we not seen the same phenomenon on a widespread scale in central and eastern Europe? • Does the nature of demonetization cast light on what underpins monetary transactions in industrial societies? • What are the consequences for output and growth? • Should the state intervene and how? • Does the network character of many non-monetary transactions have implications for the role and value of social networks in complex modern societies?

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About the book

Full name Vanishing Rouble
Language English
Binding Book - Paperback
Date of issue 2000
Number of pages 402
EAN 9780521795425
ISBN 0521795427
Libristo code 02043636
Weight 59
Dimensions 152 x 229 x 23
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