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THE QUIET COUP
|Publication : ||The Atlantic Monthly- Boston
|Author : || Simon Johnson
|Date : || May 2009
| Abstract (Document Summary)|
|[...] the fund's economists spend time figuring out the policies- budget, money supply, and the like- that make sense in this context. Quite the contrary: at the outset of the crisis, the oligarchs are usually among the first to get extra help from the government, such as preferential access to foreign currency, or maybe a nice tax break, or- here's a classic Kremlin bailout technique- the assumption of private debt obligations by the government. |
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