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Monetary Policy in the Soviet Union [[electronic resource] ] : Empirical Analyses of Monetary Aspects of Soviet Economic Development / / by Yasushi Nakamura



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Autore: Nakamura Yasushi Visualizza persona
Titolo: Monetary Policy in the Soviet Union [[electronic resource] ] : Empirical Analyses of Monetary Aspects of Soviet Economic Development / / by Yasushi Nakamura Visualizza cluster
Pubblicazione: New York : , : Palgrave Macmillan US : , : Imprint : Palgrave Macmillan, , 2017
Edizione: 1st ed. 2017.
Descrizione fisica: 1 online resource (232 pages) : illustrations, tables
Disciplina: 332.4947
Soggetto topico: International economics
Economic theory
Asia—Economic conditions
Macroeconomics
Economic policy
Economics
Economic history
International Economics
Economic Theory/Quantitative Economics/Mathematical Methods
Asian Economics
Macroeconomics/Monetary Economics//Financial Economics
Political Economy/Economic Systems
Economic History
Soggetto geografico: Soviet Union Economic policy 20th century
Soviet Union Economic conditions 20th century
Soviet Union
Nota di bibliografia: Includes bibliographical references at the end of each chapters and index.
Nota di contenuto: 1. Introduction -- 2 Historical Background of the Soviet Monetary Policy -- 3. Soviet Productivity Growth -- 4 Performance of Soviet Cash Money Management -- 5 Soviet Banking and Non-cash Money Management -- 6 Money Supply and Soviet Foreign Trade -- 7 Soviet Monetary Policy and Government Debts. .
Sommario/riassunto: 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.
Titolo autorizzato: Monetary Policy in the Soviet Union  Visualizza cluster
ISBN: 1-137-49418-2
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910255051403321
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