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Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/989
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dc.contributor.authorDow, Sheilaen_UK
dc.contributor.authorGhosh, Dipaken_UK
dc.contributor.authorRuziev, Kobilen_UK
dc.date.accessioned2013-06-09T04:15:33Z-
dc.date.available2013-06-09T04:15:33Zen_UK
dc.date.issued2008en_UK
dc.identifier.urihttp://hdl.handle.net/1893/989-
dc.description.abstractCredit shortages are widely thought to explain the output contraction in former Soviet Union (FSU) countries during the 1990s. It is argued here that these shortages were the result of an ahistorical approach to policymaking which ignored the time needed for the establishment and further development of money, banking, and nonbanking financial institutions. Starting from Chick’s stages-of-banking-development framework, we examine the experience of the FSU economies in transition from central planning. We then develop a fivephase framework to characterize the process of banking development required for them to reach stage two of Chick’s framework, where bank liabilities are accepted as money.en_UK
dc.language.isoenen_UK
dc.publisherM. E. Sharpen_UK
dc.relationDow S, Ghosh D & Ruziev K (2008) A stages approach to banking development in transition economies. Journal of Post Keynesian Economics, 31 (1), pp. 3-33. https://doi.org/10.2753/PKE0160-3477310101en_UK
dc.rightsThe publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author; you can only request a copy if you wish to use this work for your own research or private study.en_UK
dc.rights.urihttp://www.rioxx.net/licenses/under-embargo-all-rights-reserveden_UK
dc.subjectBanking developmenten_UK
dc.subjectFSU countriesen_UK
dc.subjectMoneyen_UK
dc.subjectTrusten_UK
dc.subjectCredit Soviet Unionen_UK
dc.subjectBanks and banking --Russia (Federation)en_UK
dc.subjectDevelopment banksen_UK
dc.subjectFinance Former Soviet republicsen_UK
dc.subjectBanks and banking, Central Former Soviet republicsen_UK
dc.titleA stages approach to banking development in transition economiesen_UK
dc.typeJournal Articleen_UK
dc.rights.embargodate3000-12-01en_UK
dc.rights.embargoreason[Stages-JPKE.pdf] The publisher does not allow this work to be made publicly available in this Repository therefore there is an embargo on the full text of the work.en_UK
dc.identifier.doi10.2753/PKE0160-3477310101en_UK
dc.citation.jtitleJournal of Post Keynesian Economicsen_UK
dc.citation.issn1557-7821en_UK
dc.citation.issn0160-3477en_UK
dc.citation.volume31en_UK
dc.citation.issue1en_UK
dc.citation.spage3en_UK
dc.citation.epage33en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusVoR - Version of Recorden_UK
dc.author.emaildipak.ghosh@stir.ac.uken_UK
dc.contributor.affiliationEconomicsen_UK
dc.contributor.affiliationEconomicsen_UK
dc.contributor.affiliationAberystwyth Universityen_UK
dc.identifier.isiWOS:000260517300001en_UK
dc.identifier.scopusid2-s2.0-59449096543en_UK
dc.identifier.wtid827957en_UK
dc.contributor.orcid0000-0001-9969-197Xen_UK
dcterms.dateAccepted2008-12-31en_UK
dc.date.filedepositdate2009-03-24en_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionVoRen_UK
local.rioxx.authorDow, Sheila|0000-0001-9969-197Xen_UK
local.rioxx.authorGhosh, Dipak|en_UK
local.rioxx.authorRuziev, Kobil|en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate3000-12-01en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/under-embargo-all-rights-reserved||en_UK
local.rioxx.filenameStages-JPKE.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source0160-3477en_UK
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