On the Path to Liberalization: Russia's Financial Reforms

Author: Fan Jingchun
Publisher:
Publish Date: 2004-03-01
Features: The research content of this book is divided into two main parts, totaling five chapters: The first part studies the establishment and development of the core of the Russian financial system—the secondary banking system; the second part examines the establishment, development, and emergence of new financial instruments in the Russian financial market. Although the overall economic transition of Russia's reforms has not been successful, it does not negate that some specific measures still have aspects worth learning from. It is not enough to stay at the level of general analysis; it is necessary to delve into each economic field, specifically study each system and policy measure, and analyze their pros and cons. From the perspective of learning from experience, doing so is essential. Unfortunately, there are still few works on Russia's economic reforms that summarize from the specific operational level.