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National Currencies and Identity Formation in Former Soviet States

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Abstract:

The establishment of a national currency is one way for sovereign states to demonstrate their independence and to create unifying symbols of nationhood. Currency choices are thus important not only for economic reasons but also for symbolic political reasons. I examine the 15 post-Soviet successor states in the years immediately following the breakup of the USSR to determine whether variation in levels of national identity formation drove their currency choices.
Specifically, I test Abdelal’s hypothesis that the sequence of departure from the ruble zone can be explained by the level of national identity formation in each country. I find that his argument by itself cannot explain a number key cases. For example, two of the earliest departures were by Ukraine and Kyrgyzstan, neither of which had a coherent, unified national identity. And states with well-established national identities like Georgia and Moldova were still slow to leave the ruble zone. I argue that decisions to abandon the ruble zone were driven more by economic concerns and domestic political struggles in each state than by the strength of national identity.

Most Common Document Word Stems:

rubl (153), currenc (136), nation (102), zone (102), econom (80), ukrain (76), russia (65), state (64), ident (62), 1992 (60), 1993 (48), independ (47), russian (46), govern (45), georgia (43), polit (43), soviet (40), coupon (37), 1 (36), bank (34), countri (32),

Author's Keywords:

currency, ruble zone, national identity
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Name: American Political Science Association
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MLA Citation:

Cooper, Scott. "National Currencies and Identity Formation in Former Soviet States" Paper presented at the annual meeting of the American Political Science Association, Hyatt Regency Chicago and the Sheraton Chicago Hotel and Towers, Chicago, IL, Aug 30, 2007 <Not Available>. 2011-06-08 <http://www.allacademic.com/meta/p209552_index.html>

APA Citation:

Cooper, S. B. , 2007-08-30 "National Currencies and Identity Formation in Former Soviet States" Paper presented at the annual meeting of the American Political Science Association, Hyatt Regency Chicago and the Sheraton Chicago Hotel and Towers, Chicago, IL Online <APPLICATION/PDF>. 2011-06-08 from http://www.allacademic.com/meta/p209552_index.html

Publication Type: Conference Paper/Unpublished Manuscript
Abstract: The establishment of a national currency is one way for sovereign states to demonstrate their independence and to create unifying symbols of nationhood. Currency choices are thus important not only for economic reasons but also for symbolic political reasons. I examine the 15 post-Soviet successor states in the years immediately following the breakup of the USSR to determine whether variation in levels of national identity formation drove their currency choices.
Specifically, I test Abdelal’s hypothesis that the sequence of departure from the ruble zone can be explained by the level of national identity formation in each country. I find that his argument by itself cannot explain a number key cases. For example, two of the earliest departures were by Ukraine and Kyrgyzstan, neither of which had a coherent, unified national identity. And states with well-established national identities like Georgia and Moldova were still slow to leave the ruble zone. I argue that decisions to abandon the ruble zone were driven more by economic concerns and domestic political struggles in each state than by the strength of national identity.

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Document Type: application/pdf
Page count: 28
Word count: 10260
Text sample:
National Identity and Currency Choices in the Former Soviet Ruble Zone Paper Prepared for American Political Science Association Annual Meeting Chicago September 2007 Scott Cooper with Brooke Richards Brigham Young University 762 Kimball Tower Provo UT 84602 (801) 422-4053 scott_cooper@byu.edu NOT-READY-FOR-PRIMETIME DRAFT: PLEASE DO NOT QUOTE OR CITE! Many thanks to Rachel Vanderhill and especially Mariya Omelicheva for incisive comments on an earlier version of this paper comments not yet reflected in this draft. Thanks also to Kevin Abbott
Rubel (25 May 1992) Zaichik (10 November 1992) Tajik Ruble (10 May 1995) Tajikistan July 199563 Samani (3 October 2000) Source: Author. 63 Technically Tajikistan was also o utside the ruble zone from (ab out) Novemb er 1993 to Jan uary 1994 be cause Russia issued new rubles but temporarily withheld the new banknotes from the Tajik government. Tajikistan continued to use the old rubles in the interim even though they were no longer legal tender in Russia! 26


Similar Titles:
Currency, Identity, and Nation-Building: National Currency Choices in the Post-Soviet States

Currency, Identity, and Nation-Building: National Currency Choices in the Post-Soviet States

The Accidental State and the Contested Nation: Can Politics Trump Identity? Some Evidence from Citizenship Policies in Russia and Ukraine, 1990-2002


 
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