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Finance and Credit
 

Lenin’s plan of banking reforming: experience of financing of industrialization in 1920

Vol. 18, Iss. 13, APRIL 2012

Available online: 27 March 2012

Subject Heading: Banking

JEL Classification: 

Bazulinn Y.V. Doctor of Economics, associate professor of department of «Theory of Credit and Financial Management», St-Petersburg State University
bazulinn@mail.ru

In the article it is noted that for the Russian Federation potential threat of reduction of prices of oil (respectively and reduction of the income) is constant, obvious and open. The situation was observed in the USSR in the 1920 y. when in the country there were no external sources of loan, and it was necessary to address to search of internal resources. Experience of reforming of credit system in the 1920-1930th which is unique (in the country the banking system which "made" money was created, using own internal possibilities) is investigated.

Keywords: banking system, credit fund, centralization, credit reform, Lenin’ plan of reforming, industrialization, internal rescores of financing

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

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