The Worthy House (Charles Haywood) cover image

Armageddon Averted: The Soviet Collapse, 1970–2000 (Stephen Kotkin)

The Worthy House (Charles Haywood)

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The Role of Western Banks, Lack of Reliable Institutions, and the Russian Economy

This chapter discusses how Western banks assisted in transferring money out of Russia, contributing to Putin's rise. It also explores the consequences of the lack of reliable institutions and rules in Russia during the 1990s.

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