Power is all-encompassing in Russia, and mediates most interactions among people, including everyday decisions. Even the recent administrative reforms in the country, which began at the end of the 1990s, have tried to reshape the government institutions and modernize the country through the use of power. Changes were initiated and implemented by people vested with power. Power, convention, and trust can all support coordination. However, in the Russian institutional context power tends not only to supplement the alternative coordination mechanisms but also to substitute them. Power can be used to solve problems related to social action by merging two (or several) centers of decision-making into one. The actor vested with power decides exactly how coordination and adjustment can be achieved. This path-breaking volume shows how power turns into a unique coordination mechanism and what are consequences of such transformation for everyday life and businesses. Market as a Weapon focuses on issues of power and domination using the configuration of power relationships in Russia as a "critical case," but goes far beyond a narrowly defined scope of country-specific studies. Particular emphasis is put on domination by virtue of a constellation interests in the market, since this is a relatively underexplored yet broadly used technique for imposing will in all countries that heavily rely on interventionist policies. Instead of being a liberating force, the market becomes an additional instrument facilitating the continuous reproduction of power, which explains the title of the book. Both qualitative and quantitative data, including more than one hundred in-depth interviews with experts, state servants, and businesspeople in Russia, as well as statistics, are used throughout the text of this major book.
This paper focuses on composition of the basket that was changed on the basis of updated data for 1972–1976. The weights of some currencies were also changed. The amount of each of the 16 currencies in the revised basket was such as to ensure that the value of the Special Drawing Right (SDR) in terms of any currency on June 30, 1978 was exactly the same in the revised valuation as in the previous valuation. Since January 1, 1981, the value of the SDR has been determined based on the currencies of the five member countries having the largest exports of goods and services during the 5-year period ending one year before the date of the latest revision to the valuation basket. Broadly reflecting the currencies’ relative importance in international trade and finance, the weights are based on the value of the exports of goods and services of the members issuing these currencies and the balances of their currencies officially held by members of the IMF.
Presents demographic, economic and marketing data for 44 European countries. This reference tool is useful for libraries and international marketing departments.