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To theorise, as does a number of authors). It is possible to tell authentically, however,
That at denationalisation of money risks of all financial institutions become
Private, on risks the mechanism of market selection extends, eliminating
Major factors of today's instability of credit-and-monetary system.
Special problems of developing countries
Lacks of the most widespread nowadays in the world of credit-and-monetary system,
Based on national currency and the Central bank, have the heavy
Consequences for the developed economy of the West, but are even more destructive for
The developing states. It is promoted by a number of factors.
First, an economic situation of these countries it that does
Regulation of monetary institutes by more difficult.
Secondly, developing countries have often weak, corrupted and,
Hence, inefficient state administration.
Thirdly, they have few saving public traditions and habits,
Suitable for modern capitalist life which could put
Therefore, as it is paradoxical sounds, developing countries have
The additional bases or to refuse the monetary sovereignty, outright
Using a foreign currency or applying Currency chamber replacing it, or,
Advancing the western countries, to spend liberalisation of monetary system.
Multicurrency monetary system of modern Russia
Still the young market economy of Russia also has the abacus to idea
The central bank and the state currency. It has also the weighty reasons
To be interested in denationalisation of money.
The prereform system of the reference of last period of existence of the USSR was on
Essences multicurrency, that is barter between regions and practised between
The enterprises, used as separate currencies cash and non-cash roubles
With the variable course relation between them, cash and non-cash
Foreign currency, and, at last, last not least - an exchange administrative
Services - bureaucratic trade.
Transition attempt to system of uniform national currencies has led to deterioration
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