Monetary Policy in Transition

Discover the insightful analysis presented in Monetary Policy in Transition by M. Nikolic, published by Palgrave Macmillan in 2006. This compelling book delves into the significant economic repercussions of pseudo lending practices and superficial reforms that plagued post-communist Russia during its transition period. Nikolic critically examines how the International Monetary Fund (IMF), acting on behalf of Western interests, offered assistance under the guise of stabilization while the Russian government made empty promises of reform. With 158 pages of thorough research and thought-provoking commentary, this first edition provides a crucial understanding of the complexities surrounding monetary policy in transitional economies. Ideal for students, economists, and anyone interested in the dynamics of international finance, this book is a must-read for those looking to grasp the intricacies of economic reform in a post-communist context.