Read Global Finance, Local Control: Corruption and Wealth in Contemporary Russia (Cornell Studies in Money)

Global Finance, Local Control: Corruption and Wealth in Contemporary Russia (Cornell Studies in Money)

Igor O. Logvinenko

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Description:Exploring Russia's re-entry into global capital markets at the dawn of the twenty-first century, Global Finance, Local Control shows how economic integration became deeply entangled with a bare-knuckled struggle for control over the vestiges of the Soviet empire. Igor Logvinenko reveals how the post-communist Russian economy became a full-fledged participant in the international financial sector without significantly improving the local rule of law.By the end of Vladimir Putin's second presidential term, Russia was more integrated into the global financial system than at any point in the past. However, the country's longstanding deficiencies--including widespread corruption, administration of justice, and an increasingly overbearing state--continued unabated. Scrutinizing stock-market restrictions on foreign ownership during the first fifteen years of Russia's economic transition, Logvinenko concludes that financial internationalization allowed local elites to raise capital from foreign investors while maintaining control over local assets. They legitimized their wealth using Western institutions, but they did so on their terms.Global Finance, Local Control delivers a somber lesson about the integration of emerging markets: without strong domestic rule-of-law protections, financial internationalization entrenches oligarchic capitalism and strengthens authoritarian regimes.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Global Finance, Local Control: Corruption and Wealth in Contemporary Russia (Cornell Studies in Money). To get started finding Global Finance, Local Control: Corruption and Wealth in Contemporary Russia (Cornell Studies in Money), you are right to find our website which has a comprehensive collection of manuals listed.
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ISBN: 1501759604

Description: Exploring Russia's re-entry into global capital markets at the dawn of the twenty-first century, Global Finance, Local Control shows how economic integration became deeply entangled with a bare-knuckled struggle for control over the vestiges of the Soviet empire. Igor Logvinenko reveals how the post-communist Russian economy became a full-fledged participant in the international financial sector without significantly improving the local rule of law.By the end of Vladimir Putin's second presidential term, Russia was more integrated into the global financial system than at any point in the past. However, the country's longstanding deficiencies--including widespread corruption, administration of justice, and an increasingly overbearing state--continued unabated. Scrutinizing stock-market restrictions on foreign ownership during the first fifteen years of Russia's economic transition, Logvinenko concludes that financial internationalization allowed local elites to raise capital from foreign investors while maintaining control over local assets. They legitimized their wealth using Western institutions, but they did so on their terms.Global Finance, Local Control delivers a somber lesson about the integration of emerging markets: without strong domestic rule-of-law protections, financial internationalization entrenches oligarchic capitalism and strengthens authoritarian regimes.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Global Finance, Local Control: Corruption and Wealth in Contemporary Russia (Cornell Studies in Money). To get started finding Global Finance, Local Control: Corruption and Wealth in Contemporary Russia (Cornell Studies in Money), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Global Finance, Local Control: Corruption and Wealth in Contemporary Russia (Cornell Studies in Money)

Global Finance, Local Control: Corruption and Wealth in Contemporary Russia (Cornell Studies in Money)

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