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Russian reform/International money / Yegor Gaidar, Karl Otto Pöhl.
Author
Gaĭdar, E. T. (Egor Timurovich)
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Format
Book
Language
English
Published/Created
Cambridge, Mass. : MIT Press, ©1995.
Description
146 pages : illustrations ; 22 cm
Availability
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Location
Call Number
Status
Location Service
Notes
Firestone Library - Stacks
HC336.26 .G353 1995
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Details
Subject(s)
Economic assistance
—
Soviet Union
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Economic assistance
—
Russia (Federation).
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International finance
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Monetary policy
—
Europe
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Soviet Union
—
Economic policy
—
1986-1991
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Russia (Federation)
—
Economic policy
—
1991-
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Related name
Pöhl, Karl Otto, 1929-2014
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Series
Lionel Robbins lectures ; 5.
[More in this series]
The Lionel Robbins lectures ; 5
Summary note
Yegor Gaidar, former Prime Minister of the Russian Federation, and Karl Otto Poehl, former Chairman of the German Bundesbank, were invited to give the 1993 Lionel Robbins Lectures. The experiences of each author reflect the economic changes spreading across Europe - economic reform in the East and growing economic integration in the West. Gaidar helped launch Russian economic reforms in 1992, whilst Poehl fought the hyperinflation in Europe of the 1970s and 1980s and laid the groundwork for monetary stability in Western Europe. These lectures provide insight into how these leaders assessed the risks of their situations and used basic economic analysis to chart their courses. Gaidar reviews the events that led up to the August coup in Russia to argue that gradualism was not a viable approach to economic reform. He describes the conditions and dilemmas of the time, observing that reform in Russia is as much a political puzzle as it is an economic challenge. He outlines the successes and present dangers and concludes with an optimistic assessment of Russia's prospects for reform. Poehl provides an insider's view of the efforts of the Group of Seven industrialized nations to stabilize exchange rates from the 1970s on. He describes the tension in one country between the goals of price stability and exchange rate stability. This leads to a discussion of how monetary union was proposed in Europe and why the movement has encountered obstructions. An appendix provides more details on the objectives and proposed structure of European monetary integration.
Bibliographic references
Includes bibliographical references and index.
Contents
Foreword / Richard Layard
Russian Reform / Yegor Gaidar. 1. Our Inheritance. 2. Liberalization. 3. Privatization and Stabilization
International Monetary Policy: A Personal View / Karl Otto Pohl. 1. International Cooperation in Monetary Policy and Currency Management. 2. The Road to European Economic and Monetary Union
Appendix: The Further Development of the European Monetary System.
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ISBN
0262071657
9780262071659
LCCN
94045868
OCLC
32242946
Statement on language in description
Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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Russian reform/International money / Yegor Gaidar, Karl Otto Pöhl.
id
SCSB-3271146
Russian reform/International money / Yegor Gaidar, Karl Otto Pöhl.
id
SCSB-8574459