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The "MMM" and financial pyramids as a whole

dc.contributor.advisorHadjixenophontos, Andreas
dc.contributor.authorShumakov, Alexander
dc.description.abstractIn the middle of the 90's Russia has experienced a period of massive creation of the financial pyramids. This period has become an integral part of the story of Russia in transition period. Nevertheless, the Russian financial pyramids has not been specific disclosure of their founders, but became one more page in the history of the emergence of such organisations in the world. The era of the financial pyramids has a big influence on the society. Many and many people have invested their money in financial pyramids. In the mass media came in sight many articles of various contents on the pyramid-organizations. What is happening is attracted the interest of the authorities (government, tax police etc.). Significantly turned up for the country the implications of the age of the financial pyramids, some of them continue to affect the economic situation in Russia up to now. In fact, immediately after the collapse of the main pyramid-companies, which marked the end of mass pyramid creation, began a process of understanding of the events the society, including economists. Mainly, I studied the issue of financial pyramids in Russia (generally will make an attention on "MMM"), reasons why people participated in financial pyramids, the meaning of these organisations for country's economy. As part of this work, will be considered period of creation of financial pyramids in Russia, in terms of world history issue.en_UK
dc.publisherBarchelor in Accounting Banking and Finance, Shcool of Business, Neapolis University Pafosen_UK
dc.rightsΑπαγορεύεται η δημοσίευση ή αναπαραγωγή, ηλεκτρονική ή άλλη χωρίς τη γραπτή συγκατάθεση του δημιουργού και κάτοχου των πνευματικών δικαιωμάτωνen_UK
dc.subjectfinancial pyramidsen_UK
dc.subjectEurope economicen_UK
dc.subjectResearch Subject Categories::SOCIAL SCIENCES::Business and economicsen_UK
dc.titleThe "MMM" and financial pyramids as a wholeen_UK

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