Russian mass privatization: analysis of financial structure and initial cash endowments

Article Abstract:

Russia's mass privatization program has severely affected the financial condition of business enterprises that were obligated to privatize. This can be attributed to the use of privatization vouchers as opposed to cash in the sale of stock in government corporations. As a result, companies experience problems in acquiring funds for operational and expansion purposes. An actual case involving the NITEL manufacturing company highlights the problem.

Economic aspects, Finance, Economic policy, Russia, Business enterprises, Privatization, Privatization (Business)

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What caused the Great Depression in the United States?

Article Abstract:

Mistakes in monetary policy induced the Great Depression in the United States. Results of amodel showed a validation of the hypothesis, with the reduction in the money supply lowering the output appreciably. Further analysis of the model showed that had monetary policy been supportive of money growth of 4% per year from Jan. 1929 to Dec. 1941, the Great Depression could have been averted.

Administration of General Economic Programs, Domestic Monetary Policy, Models, Analysis, Economic development, United States economic conditions, Monetary policy, Great Depression

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