TY - BOOK ID - 78403157 TI - Money unmade PY - 1999 SN - 1501711466 9781501711466 0801436605 9780801436604 0801486947 9780801486944 PB - Ithaca, N.Y. DB - UniCat KW - POLITICAL SCIENCE / Political Economy KW - BUSINESS & ECONOMICS / Finance KW - Politique monetaire KW - Troc KW - Crises boursieres KW - Tauschhandel KW - Ruilhandel. KW - Economische situatie. KW - Monetary policy. KW - Financial crises. KW - Economic history. KW - Barter. KW - Crises financieres KW - Financial crises KW - Barter KW - Monetary policy KW - In-kind exchange KW - Payment-in-kind KW - Exchange KW - Local exchange trading systems KW - Economic conditions KW - History, Economic KW - Economics KW - Crashes, Financial KW - Crises, Financial KW - Financial crashes KW - Financial panics KW - Panics (Finance) KW - Stock exchange crashes KW - Stock market panics KW - Crises KW - Monetary management KW - Economic policy KW - Currency boards KW - Money supply KW - Since 1991 KW - Russie KW - Russland KW - Russia (Federation) KW - Rossīi︠a︡ KW - Rossīĭskai︠a︡ Imperīi︠a︡ KW - Russia (Provisional government, 1917) KW - Russia (Vremennoe pravitelʹstvo, 1917) KW - Ṛusastan KW - Russia (Tymchasovyĭ uri︠a︡d, 1917) KW - Russian Empire KW - Rosja KW - Russian S.F.S.R. KW - Russia (Territory under White armies, 1918-1920) KW - Russian Federation KW - Rossiyskaya Federatsiya KW - Rossiya (Federation) KW - Rossii︠a︡ (Federation) KW - Российская Федерация KW - Rossiĭskai︠a︡ Federat︠s︡ii︠a︡ KW - Російська Федерація KW - Rosiĭsʹka Federat︠s︡ii︠a︡ KW - Federazione della Russia KW - Russische Föderation KW - RF KW - Federation of Russia KW - Urysye Federat︠s︡ie KW - Правительство России KW - Pravitelʹstvo Rossii KW - Правительство Российской Федерации KW - Pravitelʹstvo Rossiĭskoĭ Federat︠s︡ii KW - Правительство РФ KW - Pravitelʹstvo RF KW - Rosja (Federation) KW - O-lo-ssu (Federation) KW - Roshia Renpō KW - Federazione russa KW - OKhU KW - Orosyn Kholboony Uls KW - Conditions economiques KW - Rußland KW - Krievija KW - Federazione Russa KW - Großrussland KW - Großrußland KW - Russia KW - Rossijskaja Imperija KW - Empire de Russie KW - Federacja Rosyjska KW - Rossija KW - Rossijskaja Federacija KW - Russische Föderation KW - Russisches Reich KW - РФ KW - Российская Империя KW - Russische SFSR KW - -1917 KW - 25.12.1991 KW - -Conditions economiques KW - -Russian Federation KW - Eluosi (Federation) KW - 俄罗斯 (Federation) KW - Bartergeschäft KW - Handel KW - Courses aux guichets KW - Crises bancaires KW - Crises boursières KW - Débâcles boursières KW - Débâcles financières KW - Krachs KW - Paniques bancaires KW - Paniques boursières KW - Paniques financières KW - Bulles spéculatives KW - Cycles financiers KW - Krach boursier (1929) KW - Krach boursier (1987) KW - South Sea Company, Bulle spéculative de la (1720) KW - Tulipomanie (Pays-Bas ; 1634-1637) KW - Crises économiques KW - Marché financier KW - Échange-marchandises KW - Échange non monétaire (troc) KW - Échanges en nature KW - Économie de troc KW - Truck system KW - Comptoirs KW - Don et contre-don KW - Échanges compensés KW - Économie de subsistance KW - Monnaie franche KW - Systèmes d'échanges locaux KW - Anthropologie économique KW - Commerce KW - Échange KW - Flottement des monnaies KW - Monnaie KW - Banques centrales KW - Masse monétaire KW - Trésor public KW - Conseils monétaires KW - Assouplissement quantitatif (politique monétaire) KW - Dollarisation KW - Open-market KW - Change KW - Crédit KW - Dévaluation KW - Politique économique KW - Law and legislation KW - Political aspects KW - Flottement KW - Politique gouvernementale KW - Politique publique KW - Pravitelʹstvo RF KW - Pravitelʹstvo Rossii KW - Pravitelʹstvo RossiiÌskoiÌ Federatï¸ s︡ii KW - Roshia RenpoÌ KW - RosiiÌsʹka Federatï¸ s︡iiï¸ a︡ KW - Rossiiï¸ a︡ (Federation) KW - RossiiÌskaiï¸ a︡ Federatï¸ s︡iiï¸ a︡ KW - Russische FoÌderation KW - Urysye Federatï¸ s︡ie UR - https://www.unicat.be/uniCat?func=search&query=sysid:78403157 AB - 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-over from the Soviet past. Rather, the Russian government has failed to build the administrative capacity and political support demanded by monetary consolidation-a neglected but crucial aspect of capitalist statebuilding. Drawing on a vast array of empirical evidence, Woodruff shows how the widespread use of barter arose as local authorities tried to protect industry against the destructive effects of price increases and crude tax and accounting systems. As businesses fled or were driven from the money economy, provincial governments invented new ways to tax in kind and issued substitutes for the ruble. In turn, the federal authorities, unable to coerce firms either to operate in the money economy or to abandon business altogether, were forced to make accommodations to barter and to ruble alternatives. Woodruff describes the enormous fiscal difficulties that resulted and recounts the intense political battles over attempts to address the problem. Through an overview of monetary consolidation in other nations, Woodruff demonstrates that the struggles of the new Russian state have much to teach us about the political history of money worldwide. Sovereignty over money cannot, he argues, be imposed by government on a recalcitrant society. Nor can it be assumed as a by-product of disciplined policies aimed at market reform. Monetary consolidation is, at heart, a political achievement requiring political support. ER -