Politics for profit business, elections, and policymaking in Russia
"In 2008, the worldwide financial crisis dealt a severe blow to the construction industry in Tomsk, a charming academic center in Russia dubbed the "Siberian Athens" for the numerous universities that call the city home.1 A crisis of liquidity forced banks to stop lending altogether t...
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
Cambridge, New York, NY, Port Melbourne, VIC, New Delhi, Singapore
Cambridge University Press
2020
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Schriftenreihe: | Cambridge studies in comparative politics
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Zusammenfassung: | "In 2008, the worldwide financial crisis dealt a severe blow to the construction industry in Tomsk, a charming academic center in Russia dubbed the "Siberian Athens" for the numerous universities that call the city home.1 A crisis of liquidity forced banks to stop lending altogether to the industry, freezing almost two-thirds of construction projects dead in their tracks. Demand for apartments dropped by nearly 80% and dozens of firms teetered on the brink of bankruptcy. One construction manager become so desperate he started spreading false rumors to customers that his competitors had already closed up their shops. Out of the half million total residents in Tomsk, some 30,000 construction workers risked losing their jobs.2"-- |
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Beschreibung: | xiv, 330 Seiten Diagramme, Karten |
ISBN: | 9781108491631 978-1-108-49163-1 9781108798747 978-1-108-79874-7 9781108869089 |