Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

How to Reverse the Upcoming Russian Bust

by Alvin Rabushka, Michael S. Bernstamvia russianeconomy.org
Saturday, July 1, 2000

A real banking system, a crucial leg in the triad of the financial system (fiscal, monetary, and banking), would effectively separate management of the monetary system from private finance, beget private productive incentives, mobilize private savings, and finance private investment.