Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives
An analysis of the contribution of regional merchants to the process of forming a system of credit and financial institutions in the territory of Western Transbaikalia is presented in the article. The history of both successful and unsuccessful attempts to create bank ing institutions in the region...
| Main Authors: | , |
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| Format: | Article |
| Language: | Russian |
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Tsentr nauchnykh i obrazovatelnykh proektov
2021-06-01
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| Series: | Научный диалог |
| Subjects: | |
| Online Access: | https://www.nauka-dialog.ru/jour/article/view/2815 |
| _version_ | 1797245703447117824 |
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| author | A. M. Plekhanova A. А. Shirapov |
| author_facet | A. M. Plekhanova A. А. Shirapov |
| author_sort | A. M. Plekhanova |
| collection | DOAJ |
| description | An analysis of the contribution of regional merchants to the process of forming a system of credit and financial institutions in the territory of Western Transbaikalia is presented in the article. The history of both successful and unsuccessful attempts to create bank ing institutions in the region has been reconstructed on the basis of reporting and officework documentation stored in the funds of the State Archives of the Republic of Buryatia and the Irkutsk Region, the Russian State Historical Archive. It was found that the creation of the regional banking system was based not on the state, but on the private initiative; the key role in the process was played by the merchants. According to the authors, in the process of organizing banks and loan offices, representatives of the merchants were guided not only by making a profit, but envisaged the use of part of the proceeds for charitable purposes. It was revealed that merchant initiatives were caused not only by the desire to expand the opportunities for entrepreneurial activity, but also by the desire to contribute to the development of the native land. It is concluded that the Transbaikal merchants played an important role in the socio-economic development of Western Transbaikalia and became the main driving force in integrating the region’s economy into the all-Russian financial system. |
| first_indexed | 2024-03-08T04:29:12Z |
| format | Article |
| id | doaj.art-85c521f440104a50bdb83ff67ab58db9 |
| institution | Directory Open Access Journal |
| issn | 2225-756X 2227-1295 |
| language | Russian |
| last_indexed | 2024-04-24T19:31:07Z |
| publishDate | 2021-06-01 |
| publisher | Tsentr nauchnykh i obrazovatelnykh proektov |
| record_format | Article |
| series | Научный диалог |
| spelling | doaj.art-85c521f440104a50bdb83ff67ab58db92024-03-25T14:31:05ZrusTsentr nauchnykh i obrazovatelnykh proektovНаучный диалог2225-756X2227-12952021-06-010639240710.24224/2227-1295-2021-6-392-4071926Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant InitiativesA. M. Plekhanova0A. А. Shirapov1The Institute for Mongolian, Buddhist and Tibetan Studies, Siberian Branch of the Russian Academy of SciencesThe Institute for Mongolian, Buddhist and Tibetan Studies, Siberian Branch of the Russian Academy of SciencesAn analysis of the contribution of regional merchants to the process of forming a system of credit and financial institutions in the territory of Western Transbaikalia is presented in the article. The history of both successful and unsuccessful attempts to create bank ing institutions in the region has been reconstructed on the basis of reporting and officework documentation stored in the funds of the State Archives of the Republic of Buryatia and the Irkutsk Region, the Russian State Historical Archive. It was found that the creation of the regional banking system was based not on the state, but on the private initiative; the key role in the process was played by the merchants. According to the authors, in the process of organizing banks and loan offices, representatives of the merchants were guided not only by making a profit, but envisaged the use of part of the proceeds for charitable purposes. It was revealed that merchant initiatives were caused not only by the desire to expand the opportunities for entrepreneurial activity, but also by the desire to contribute to the development of the native land. It is concluded that the Transbaikal merchants played an important role in the socio-economic development of Western Transbaikalia and became the main driving force in integrating the region’s economy into the all-Russian financial system.https://www.nauka-dialog.ru/jour/article/view/2815western transbaikaliamerchantseconomybanksloan officecharity |
| spellingShingle | A. M. Plekhanova A. А. Shirapov Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives Научный диалог western transbaikalia merchants economy banks loan office charity |
| title | Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives |
| title_full | Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives |
| title_fullStr | Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives |
| title_full_unstemmed | Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives |
| title_short | Formation of Banking in Western Transbaikalia in 19<sup>th</sup> Century: Merchant Initiatives |
| title_sort | formation of banking in western transbaikalia in 19 sup th sup century merchant initiatives |
| topic | western transbaikalia merchants economy banks loan office charity |
| url | https://www.nauka-dialog.ru/jour/article/view/2815 |
| work_keys_str_mv | AT amplekhanova formationofbankinginwesterntransbaikaliain19supthsupcenturymerchantinitiatives AT aashirapov formationofbankinginwesterntransbaikaliain19supthsupcenturymerchantinitiatives |