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Understanding Barter in Russia

This paper analyses the incidence and growth of non-monetary transactions - barter, veksels, debt offsets, tax offsets and other monetary surrogates - in Russia. The empirical backbone of the paper is a survey of 350 - predominantly industrial - firms, carried out in October and November 1998. The paper provides an analytical framework for understanding both firm-level incentives for using barter and the reasons for its phenomenal growth since 1993. Having examined some of the costs of Russia's non-monetary economy, the paper discusses a number of policy options
Year of publication:
2000
Authors: Commander, Simon John ; Mumssen, Christian
Publisher: [S.l.] : SSRN
Subject: Tauschwirtschaft | Barter economy | Russland | Russia
Description of contents: Abstract [papers.ssrn.com]
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