Money Unmade: Barter and the Fate of Russian Capitalism

by David M. Woodruff

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...

• Format: Paperback
• Language: English
• ISBN: 0801486947
• ISBN13: 9780801486944
• Release Date: May 2000
• Publisher: Cornell University Press
• Length: 248 Pages
• Weight: 0.80 lbs.
• Dimensions: 0.6" x 6.0" x 9.0"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher