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Hope Springs Eternal - French Bondholders and the Repudiation of Russian Sovereign Debt (Hardcover) Loot Price: R2,688
Discovery Miles 26 880
Repayment Terms: R252 pm x 12*
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Hope Springs Eternal - French Bondholders and the Repudiation of Russian Sovereign Debt (Hardcover): Kim Oosterlinck

Hope Springs Eternal - French Bondholders and the Repudiation of Russian Sovereign Debt (Hardcover)

Kim Oosterlinck; Translated by Anthony Bulger

Series: Yale Series in Economic and Financial History

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Loot Price R2,688 Discovery Miles 26 880 | Repayment Terms: R252 pm x 12*

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In 1918, the Soviet revolutionary government repudiated the Tsarist regime's sovereign debt, triggering one of the biggest sovereign defaults ever. Yet the price of Russian bonds remained high for years. Combing French archival records, Kim Oosterlinck shows that, far from irrational, investors had legitimate reasons to hope for repayment. Soviet debt recognition, a change in government, a bailout by the French government, or French banks, or a seceding country would have guaranteed at least a partial reimbursement. As Greece and other European countries raise the possibility of sovereign default, Oosterlinck's superbly researched study is more urgent than ever.

General

Imprint: Yale University Press
Country of origin: United States
Series: Yale Series in Economic and Financial History
Release date: May 2016
Authors: Kim Oosterlinck
Translators: Anthony Bulger
Dimensions: 235 x 156 x 21mm (L x W x T)
Format: Hardcover - Cloth over boards
Pages: 264
ISBN-13: 978-0-300-19091-5
Categories: Books > Humanities > History > History of specific subjects > Economic history
Books > Business & Economics > Finance & accounting > Finance > Public finance > General
Books > History > History of specific subjects > Economic history
Books > Money & Finance > Public finance > General
LSN: 0-300-19091-3
Barcode: 9780300190915

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