Hope Springs Eternal: French Bondholders and the Repudiation of Russian Sovereign Debt (Yale Series in Economic and Financial History) - Image 1

£31.97

Yale University Press Hope Springs Eternal: French Bondholders and the Repudiation of Russian Sovereign Debt (Yale Series in Economic and Financial History)

Name: Hope Springs Eternal: French Bondholders and the Repudiation of Russian Sovereign Debt (Yale Series in Economic and Financial History)
Brand: Yale University Press
Price: 31.97 GBP
Availability: InStock

Business & Economic History

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Description

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.

Product Specifications

Brand: Yale University Press
Format: hardcover
ASIN: 0300190913
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 24 May 2016
Listed Since: 20 October 2015

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Yale University Press Hope Springs Eternal: French Bondholders and the Repudiation of Russian Sovereign Debt (Yale Series in Economic and Financial History)

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