Understanding Russian Banking

MIR House is pleased to announce the release of the newest book in its international series.Understanding Russian Banking is a major authoritative work on the new Russian banking system and securities markets. The book takes a piercing look into Russia's historical past, through the rise of Bolshevism, the financial chaos of the Stalin era, and the subsequent rise of perestroika and the free market awakening now sweeping that great land.

Written by a team of Russian and international authors, the book is able to enlighten the Western reader on the many approaches to banking now developing in this new economy.

Professor Mikhail K. Lapidus, senior author, has coordinated this team of Russian bank presidents and Western businessmen in producing an analysis of several emerging banking houses, the struggling securities markets, Russian law, and what Western firms can expect to face as they encounter the sleeping bear that is the Russian economy.

This is a must read for any international investor, banker, or politician anticipating financial dealings in the new Russia.

Professor Mikhail K. Lapidus worked in the Soviet State Bank for twenty five years, beginning as a common clerk and completing his banking career as president of the Leningrad Branch. From there he joined the faculty at the Leningrad State University of Eco- nomics and Finance, where he taught for an additional twenty five years. He his regarded by Russian businessmen and bankers as one of the great mentors of financial glasnost as Russia begins to enter the dynamic world of a free market economy.

Understanding Russian Banking
Mikhail K. Lapidus, et al
6x9, perfect bound, 314 Pages
ISBN: 0-9645464-2-6
Retail Price: $39.95 (U.S.)

Last updated:    November 1997

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