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The Vanishing Rouble : Barter Networks and Non-Monetary Transactions in Post-Soviet Societies - Paul Seabright

The Vanishing Rouble

Barter Networks and Non-Monetary Transactions in Post-Soviet Societies

By: Paul Seabright (Editor)

Hardcover Published: 30th November 2000
ISBN: 9780521790376
Number Of Pages: 402

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One of the most remarkable aspects of the transition process in the former Soviet Union has been the extent to which the economy has effectively become demonetized in recent years. At the time of Russia's financial crisis of 1998 it was estimated that up to 70 per cent of industrial output was being exchanged for barter. This book provides an accessible and authoritative analysis of barter in the former Soviet Union, addressing such questions as: - What has brought about this demonetization and why have we not seen the same phenomenon on a widespread scale in central and eastern Europe? - Does the nature of demonetization cast light on what underpins monetary transactions in industrial societies? - What are the consequences for output and growth? - Should the state intervene and how? - Does the network character of many non-monetary transactions have implications for the role and value of social networks in complex modern societies?

Industry Reviews

"...undoubtedly an important book...it provides a still rare example of how scholars from various professions can work together productively on the puzzling issues of the postsocialist transition." Slavic Review

List of figuresp. vii
List of tablesp. ix
List of boxesp. xi
Prefacep. xiii
List of contributorsp. xiv
Introduction: barter networks and 'information islands'p. 1
Theory
Some lasting thing: barter and the value of moneyp. 15
Barter relationshipsp. 35
An anthropological view of barter in Russiap. 71
Large-scale empirical studies
Barter in post-Soviet societies: what does it look like and why does it matter?p. 93
The growth of non-monetary transactions in Russia: causes and effectsp. 114
Barter in Russiap. 147
The household in a non-monetary market economyp. 176
Barter in transition economies: competing explanations confront Ukrainian datap. 207
Barter and non-monetary transactions in transition economies: evidence from a cross-country surveyp. 236
Ethnography
How is barter done? The social relations of barter in provincial Russiap. 259
Shadow barter: economic necessity or economic crime?p. 298
Surrogate currencies and the 'wild market' in Central Siberiap. 318
Bear skins and macaroni: the social life of things at the margins of a Siberian state collectivep. 345
Conclusion: what is to be done?p. 362
Indexp. 375
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9780521790376
ISBN-10: 0521790379
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 402
Published: 30th November 2000
Publisher: CAMBRIDGE UNIV PR
Country of Publication: GB
Dimensions (cm): 23.37 x 15.49  x 2.79
Weight (kg): 0.75

Earn 507 Qantas Points
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