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Hardcover Money Unmade: Barter and the Fate of Russian Capitalism Book

ISBN: 0801436605

ISBN13: 9780801436604

Money Unmade: Barter and the Fate of Russian Capitalism

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Format: Hardcover

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Book Overview

Since the collapse of the Soviet Union, Russians have seen the ruble steadily lose ground to alternative means of payment such as barter and privately issued quasi-monies. Industry now collects as much as 70 percent of its receipts in nonmonetary form, leaving many firms with too little cash to pay salaries and taxes. In this ground-breaking book on the Russian economy, David Woodruff argues that Moscow's inability to control the nation's currency...

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