Book notes: Priests of prosperity: how central bankers transformed the postcommunist world

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Juliet Johnson, Priests of prosperity: how central bankers transformed the postcommunist world, Cornell University Press, 2016, 292 pages

When Communist regimes fell away in Eastern Europe, the central banks in those countries had little or no experience of modern financial systems, or of indirect monetary policy and the sorts of economic analysis that typically went with such systems. In the states that emerged from the former Soviet Union, there was even less of an established central banking

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