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Determinants of Barter in Russia
By:Mr. Christian Mumssen,Ms. Irina Dolinskaya,Mr. Simon Commander,Irina Tytell
Published on 2000-08-01 by International Monetary Fund

This paper analyzes the causes and consequences of non-monetary transactions in Russia, drawing on a large enterprise survey. We show that barter and offsets are linked to liquidity problems at the level of the firm and to arrears in particular. We find evidence that the state has channeled implicit subsidies to enterprises in the form of tax and utility offsets. The findings help explain the rise of non-monetary transactions during much of the 1990s. We show that non-monetary transactions inhibit enterprise restructuring. Our findings suggest that a policy solution to the non-cash problem would require the state and public utilities to phase out arrears and offsets.
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Book ID of Determinants of Barter in Russia's Books is bS7wepTRCWIC, Book which was written byMr. Christian Mumssen,Ms. Irina Dolinskaya,Mr. Simon Commander,Irina Tytellhave ETAG "2rEgUbVNUfI"
Book which was published by International Monetary Fund since 2000-08-01 have ISBNs, ISBN 13 Code is 9781451902464 and ISBN 10 Code is 1451902468
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