Home  Journals  Finance and Credit  14(398) - 2010 April

Money and money circulation in the Age of Catherine II

Available online: 9 April 2010

Subject Heading: History pages

JEL Classification: 

The article describes about the specifics of the money and money circulation in the second half of the XVIII century in Russia. The coins of different denominations was uncomfortable for circulation. The bank-not appeared first-born in Russia in the Age of Catherine the Great. The bank-not became part of the daily life of the majority of Russia’s population during this period. The present publication examines the history of the formation of the bank-not market from the first issues in 1762 to the 1794 years reveals its dynamics and structure, describes the corresponding legal base and state regulation, shows the mechanism of emission.

Keywords: money, money circulation, cheap money, market, balance, export, import, merchant, credit, bank, state loan, private enterprising, money unbacked by gold, bank-not, coin

View all articles of issue

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 30, Iss. 3 March 2024

Archive