Currency And Exchange In Soviet Russia
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| Author | : Elena Osokina |
| Publisher | : Cornell University Press |
| Total Pages | : 319 |
| Release | : 2021-09-15 |
| Genre | : History |
| ISBN | : 1501758527 |
Stalin's Quest for Gold tells the story of Torgsin, a chain of retail shops established in 1930 with the aim of raising the hard currency needed to finance the USSR's ambitious industrialization program. At a time of desperate scarcity, Torgsin had access to the country's best foodstuffs and goods. Initially, only foreigners were allowed to shop in Torgsin, but the acute demand for hard-currency revenues forced Stalin to open Torgsin to Soviet citizens who could exchange tsarist gold coins and objects made of precious metals and gemstones, as well as foreign monies, for foods and goods in its shops. Through her analysis of the large-scale, state-run entrepreneurship represented by Torgsin, Elena Osokina highlights the complexity and contradictions of Stalinism. Driven by the state's hunger for gold and the people's starvation, Torgsin rejected Marxist postulates of the socialist political economy: the notorious class approach and the state hard-currency monopoly. In its pursuit for gold, Torgsin advertised in the capitalist West, encouraging foreigners to purchase goods for their relatives in the USSR; and its seaport shops and restaurants operated semilegally as brothels, inducing foreign sailors to spend hard currency for Soviet industrialization. Examining Torgsin from multiple perspectives—economic expediency, state and police surveillance, consumerism, even interior design and personnel—Stalin's Quest for Gold radically transforms the stereotypical view of the Soviet economy and enriches our understanding of everyday life in Stalin's Russia.
| Author | : Yale Richmond |
| Publisher | : Penn State Press |
| Total Pages | : 266 |
| Release | : 2003-04-21 |
| Genre | : Political Science |
| ISBN | : 0271031573 |
Some fifty thousand Soviets visited the United States under various exchange programs between 1958 and 1988. They came as scholars and students, scientists and engineers, writers and journalists, government and party officials, musicians, dancers, and athletes—and among them were more than a few KGB officers. They came, they saw, they were conquered, and the Soviet Union would never again be the same. Cultural Exchange and the Cold War describes how these exchange programs (which brought an even larger number of Americans to the Soviet Union) raised the Iron Curtain and fostered changes that prepared the way for Gorbachev's glasnost, perestroika, and the end of the Cold War. This study is based upon interviews with Russian and American participants as well as the personal experiences of the author and others who were involved in or administered such exchanges. Cultural Exchange and the Cold War demonstrates that the best policy to pursue with countries we disagree with is not isolation but engagement.
| Author | : International Monetary Fund. Research Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 208 |
| Release | : 1951-01-01 |
| Genre | : Business & Economics |
| ISBN | : 145197146X |
This paper explains contribution of the September 1949 devaluations to the solution of Europe’s dollar problem. After the devaluations, the dollar value of exports to the United States from the devaluing countries in Europe recovered from the low levels of the second and third quarters of 1949, but this recovery, which restored exports in the first half of 1950 approximately to the 1948 level should be attributed in large part to the recovery in the US economy rather than to the devaluations. Between the first half of 1949 and the first half of 1950, Europe's dollar imports declined by one-third. Most of this decline occurred, however, between the second and third quarter of 1949, that is, before the devaluations. With imports generally controlled, the effect of the devaluations appeared much more in the reduction of pressure on the control authorities, the substitution of the price mechanism for at least part of the controls as barriers to imports, and the consequent more rational allocation of the relatively scarce dollars among different uses and different users.
| Author | : Lawrence Philip McGrath |
| Publisher | : |
| Total Pages | : 288 |
| Release | : 1930 |
| Genre | : Currency question |
| ISBN | : |
| Author | : Mikhail V. Khodjakov |
| Publisher | : Cambridge Scholars Publishing |
| Total Pages | : 265 |
| Release | : 2014-11-19 |
| Genre | : History |
| ISBN | : 1443871478 |
During the Russian Revolution and the ensuing Civil War, more than twenty thousand kinds of banknotes were used throughout the vast expanse of the former Russian Empire. At that time, money was issued not only by the official authorities, such as the Imperial Government, the Provisional Government, and, later, the Bolshevik Government, but also by Generals Denikin, Wrangel, and Yudenich, Admiral Kolchak, Atamans Semyonov and Petliura, Hetman Skoropadskyi, and many other great and small rulers of Russia. Russian money was manufactured in Great Britain, Germany, Sweden, and the United States. To some degree, money served as a manifesto of the issuing government, reflected in the various symbols depicted on the banknotes. Using new archival data, this book expands and, in a number of cases, revises the well-established view of the daily life of people during the Revolution, and dispels the settled myth about how the natural economy prevailed in the years of the Russian Civil War. The book presents unique illustrations taken from the author’s private collection: the “Romanov” banknotes; postage stamps used as currency; “Duma” money; and 1917 banknotes known as “kerenkies”, “morzhovkies”, “tchaikovkies”, “Northern rubles”, “krylatkies”, “rodzyankies”, “the Don rubles”, and “kolchakovkies”. Some of these banknote designs were made by well-known Russian artists, such as Ivan Bilibin, Sergey Chekhonin, and Georgy Narbut. The book is addressed to historians, economists, and all readers interested in Russian history and economy.
| Author | : Ian Anthony |
| Publisher | : |
| Total Pages | : 328 |
| Release | : 1998 |
| Genre | : History |
| ISBN | : |
For this study, a group of Russian authors were commissioned to describe and assess the arms trade policies and practices of Russia under new domestic and international conditions. The contributors, drawn from the government, industry, and academic communities, offer a wide range of reports on the political, military, economic, and industrial implications of Russian arms transfers, as well as specific case studies of key bilateral arms transfer relationships.
| Author | : Mr.Manmohan S. Kumar |
| Publisher | : International Monetary Fund |
| Total Pages | : 18 |
| Release | : 1991-12-01 |
| Genre | : Business & Economics |
| ISBN | : 1451854765 |
Energy exports, which are already the primary source of Soviet convertible currency earnings and an important contributor to the budget, could bring in much more revenue if the Soviet Union were to reduce its extremely high levels of energy consumption. To encourage this process, energy prices need to be raised substantially. Under plausible assumptions, it is shown that an increase in prices could yield sizable foreign exchange earnings. Large increases in energy prices could, however, threaten the solvency of industrial enterprises, precipitate major economic and social dislocation, and severely strain interrepublican economic relationships.
| Author | : Susan Richards |
| Publisher | : Other Press, LLC |
| Total Pages | : 369 |
| Release | : 2010-12-07 |
| Genre | : History |
| ISBN | : 159051369X |
After the fall of communism, Russia was in a state of shock. The sudden and dramatic change left many people adrift and uncertain—but also full of a tentative but tenacious hope. Returning again and again to the provincial hinterlands of this rapidly evolving country from 1992 to 2008, Susan Richards struck up some extraordinary friendships with people in the middle of this historical drama. Anna, a questing journalist, struggles to express her passionate spirituality within the rules of the new society. Natasha, a restless spirit, has relocated from Siberia in a bid to escape the demands of her upper-class family and her own mysterious demons. Tatiana and Misha, whose business empire has blossomed from the ashes of the Soviet Union, seem, despite their luxury, uneasy in this new world. Richards watches them grow and change, their fortunes rise and fall, their hopes soar and crash. Through their stories and her own experiences, Susan Richards demonstrates how in Russia, the past and the present cannot be separated. She meets scientists convinced of the existence of UFOs and mind-control warfare. She visits a cult based on working the land and a tiny civilization founded on the practices of traditional Russian Orthodoxy. Gangsters, dreamers, artists, healers, all are wondering in their own ways, “Who are we now if we’re not communist? What does it mean to be Russian?” This remarkable history of contemporary Russia holds a mirror up to a forgotten people. Lost and Found in Russia is a magical and unforgettable portrait of a society in transition.
| Author | : |
| Publisher | : |
| Total Pages | : 88 |
| Release | : 2003 |
| Genre | : Banks and banking |
| ISBN | : |
| Author | : Branko Milanovi? |
| Publisher | : World Bank Publications |
| Total Pages | : 256 |
| Release | : 1998 |
| Genre | : Business & Economics |
| ISBN | : 9780821339947 |
World Bank Technical Paper No. 394. Joint Forest Management (JFM) has emerged as an important intervention in the management of Indias forest resources. This report sets out an analytical method for examining the costs and benefits of JFM arrangements. Two pilot case studies in which the method was used demonstrate interesting outcomes regarding incentives for various groups to participate. The main objective of this study is to develop a better understanding of the incentives for communities to participate in JFM.
