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Monetary Policy in the Soviet Union

Empirical Analyses of Monetary Aspects of Soviet Economic Development

Authors: Nakamura, Yasushi

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  • Reveals new information on the Soviet Economic System 
    Explores Soviet Union data 
    Discusses Soviet Economic collapse and the significance behind it

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eBook $119.00
price for USA (gross)
  • ISBN 978-1-137-49418-4
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $159.99
price for USA
  • ISBN 978-1-137-49416-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

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.

About the authors

Yasushi Nakamura is a Professor at Yokohama National University, Japan.

Table of contents (7 chapters)

Table of contents (7 chapters)

Buy this book

eBook $119.00
price for USA (gross)
  • ISBN 978-1-137-49418-4
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $159.99
price for USA
  • ISBN 978-1-137-49416-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

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Bibliographic Information

Bibliographic Information
Book Title
Monetary Policy in the Soviet Union
Book Subtitle
Empirical Analyses of Monetary Aspects of Soviet Economic Development
Authors
Copyright
2017
Publisher
Palgrave Macmillan US
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-49418-4
DOI
10.1057/978-1-137-49418-4
Hardcover ISBN
978-1-137-49416-0
Edition Number
1
Number of Pages
XVII, 222
Number of Illustrations
17 b/w illustrations
Topics