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Author Malik, Hassan,
Title Bankers and Bolsheviks : international finance and the Russian Revolution / Hassan Malik.
Imprint Princeton, NJ : Princeton University Press, 2018.

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View online
Author Malik, Hassan,
Series Princeton scholarship online
Princeton scholarship online.
Subject Finance -- Soviet Union.
Soviet Union -- Economic conditions.
Soviet Union -- Foreign economic relations.
Soviet Union -- History -- Revolution, 1917-1921.
Description 1 online resource.
polychrome rdacc
Note Online resource; title from PDF file page (EBSCO, viewed September 5, 2018).
Contents Introduction -- Fault lines -- The loan that saved Russia? -- The interrevolutionary recovery and rally -- Investing in the revolution -- Revolutionary default.
Summary Following an unprecedented economic boom fed by foreign investment, the Russian Revolution triggered the worst sovereign default in history. Bankers and Bolsheviks tells the dramatic story of this boom and bust, chronicling the forgotten experiences of leading financiers of the age. Shedding critical new light on the decision making of the powerful personalities who acted as the gatekeepers of international finance, Hassan Malik narrates how they channeled foreign capital into Russia in the late nineteenth and early twentieth centuries. While economists have long relied on quantitative analysis to grapple with questions relating to the drivers of cross-border capital flows, Malik adopts a historical approach, drawing on banking and government archives in four countries. The book provides rare insights into the thinking of influential figures in world finance as they sought to navigate one of the most challenging and lucrative markets of the first modern age of globalization. Bankers and Bolsheviks reveals how a complex web of factors-from government interventions to competitive dynamics and cultural influences-drove a large inflow of capital during this tumultuous period in world history. This gripping book demonstrates how the realms of finance and politics-of bankers and Bolsheviks-grew increasingly intertwined, and how investing in Russia became a political act with unforeseen repercussions.
Bibliography Note Includes bibliographical references (pages 275-283) and index.
ISBN 9780691185002 (electronic bk.)
069118500X (electronic bk.)
OCLC # 1050437358
Additional Format Print version: Malik, Hassan. Bankers and Bolsheviks. Princeton, NJ : Princeton University Press, 2018 0691170169 9780691170169 (OCoLC)1032585816

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