A fistful of rubles the rise and fall of the russian banking system juliet johnson on amazoncom free shipping on qualifying offers after the breakup of the ussr it briefly appeared as though russias emerging commercial banks might act as engines of growth for a new capitalist economy however. The rise and fall of the russian banking system juliet johnson cornell university press hardcover 5550 description in a fistful of rubles juliet johnson offers the first comprehensive look at how russias banks once expected to revitalize the nations economy instead became one of the largest obstacles to its recoverydrawing on . Juliet johnsons excellent study examines russian banking in the ten years from gorbachevs first steps toward liberalization to the russian financial collapse of 1998 a particularly interesting aspect of johnsons account is her discussion of the relation between markets economic development and democracy . Johnson demonstrates that banking reform efforts ultimately did more harm than good because russian officials and their international advisers failed to build the corresponding economic legal and political institutions upon which modern market behavior depends. Book review a fistful of rubles the rise and fall of the russian banking system juliet johnson cornell university press london 2000 article this is a preview of subscription content log in to check access preview unable to display preview download preview pdf
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