Money Unmade: Barter and the Fate of Russian Capitalism

BarteringTags: Barter, Capitalism, Fate, Money, Russian, Unmade

Product Description
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 is not a carry-ove... More >>

Money Unmade: Barter and the Fate of Russian Capitalism