Community and Growth: Muddling Through with Russian Credit Cooperatives
Anita B. Baker
The Journal of Economic History, 1977, vol. 37, issue 1, 139-160
Abstract:
This article examines the evolution of the Russian government's policies between 1861 and 1917 in the sphere of rural credit, especially the extent to which social and cultural factors and ministerial politics impinged on the choice of banks and their development. Discussions concerned measures for economic change that could take place within the traditional and legal framework of the village community. The Ministry of Interior supported a classbased estate bank. The Ministry of Finance opted for the cooperative credit association which was to foster rural pacification and agricultural development by mobilizing peasant collective habits and private initiative that favored cooperative organizations.
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jechis:v:37:y:1977:i:01:p:139-160_09
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