Banking secrecy during the Orange Revolution

Banking secrecy during the Orange Revolution

book type
0 Review(s) 
FL/922387/UA
Ukrainian
In stock
грн120.00
грн108.00 Save 10%

  Instant download 

after payment (24/7)

  Wide range of formats 

(for all gadgets)

  Full book 

(including for Apple and Android)

In this book, the former head of the National Bank, Arseniy Yatsenyuk, talks about the financial crisis that occurred in Ukraine simultaneously with the Orange Revolution at the end of 2004. The author chose an unusual angle. He focused on describing how the country's economy fared during the period of the most widespread political instability since the collapse of the USSR. This crisis was the worst in the history of the Ukrainian financial system, as it combined a crisis of confidence and instability of the monetary system. Already, each of these components could cost the economy many years of successful development. The efforts of the National Bank and commercial banks to overcome the financial crisis represent a unique experience, which has not yet been equal in the world economy. Throughout the twentieth century, the vast majority of such shocks ended in the complete collapse of the country's banking system, followed by many years of economic recovery. Recent examples of financial cataclysms are found in the history of Brazil, Argentina, as well as during the global Asian crisis of 1997, the echoes of which were also felt in our country. The uniqueness of the situation in 2004 is that the Ukrainian banking system not only survived in extremely difficult conditions, but also accelerated its growth rate immediately after the end of the Orange Revolution. It is possible that the author conceived his book as a monograph for macroeconomists and central bankers around the world. Especially for them, actions to overcome the crisis are described in detail, as well as statistical materials reflecting the events of the fall of 2004 on a daily basis. However, thanks to a lively and accessible description of the events, Arseniy Yatsenyuk managed to create a kind of economic detective story. As a result, the book is not only easy to understand, but also provides a unique understanding of complex macroeconomic concepts even to an untrained reader.



The text of the book was translated from the original language using an artificial intelligence program. For the most part, the translation of the text is of very high quality, but in some cases, due to the imperfection of the technology, there may be incorrect phrase translations in the text, as well as single words and expressions may not be translated.
FL/922387/UA

Data sheet

Name of the Author
Арсений Яценюк
Language
Ukrainian
Release date
2008

Reviews

Write your review

Banking secrecy during the Orange Revolution

In this book, the former head of the National Bank, Arseniy Yatsenyuk, talks about the financial crisis that occurred in Ukraine simultaneously with the Oran...

Write your review

1 book by the same author:

Products from this category: