This book explores the disastrous economic consequences of pseudo lending for pseudo reforms that occurred when the IMF, as a representative of the West, pretended to aid the transition economy of post-communist Russia through stabilization while the Russian government promised reforms.

MILAN NIKOLIC is Associate Lecturer at the School of Art at the University of Surrey, UK. He has written articles and contributed to books on the topic of transition in Central and Eastern Europe, as well as on the topic of monetary policy in the Russian Federation.