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Bankers and Bolsheviks: International Finance and the Russian Revolution: Used

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Book Title
Bankers and Bolsheviks: International Finance and the Russian Rev
Publication Date
2018-11-13
Pages
318
ISBN
9780691170169
Kategorie

Über dieses Produkt

Product Identifiers

Publisher
Princeton University Press
ISBN-10
0691170169
ISBN-13
9780691170169
eBay Product ID (ePID)
27038763717

Product Key Features

Number of Pages
318 Pages
Publication Name
Bankers and Bolsheviks : International Finance and the Russian Revolution
Language
English
Publication Year
2018
Subject
Banks & Banking, Economic History, Finance / General, Economic Conditions, Public Policy / Economic Policy, Investments & Securities / General
Type
Textbook
Subject Area
Political Science, Business & Economics
Author
Hassan Malik
Format
Hardcover

Dimensions

Item Height
1 in
Item Weight
21.9 Oz
Item Length
9.6 in
Item Width
6.5 in

Additional Product Features

Intended Audience
College Audience
LCCN
2018-937062
Reviews
"Russian history in the transition period of the early twentieth century is still in need of unbiased research, and I am convinced that the most interesting and unexpected discoveries lie at the intersection of various disciplines, such as history, political science, and finance. Hassan Malik's Bankers and Bolsheviks is an expansive, detailed work based on an extensive and painstaking research of a huge volume of materials. Yet, the work is also a fascinating read, offering a path to understanding what forces triggered the unstoppable chain of those tragic yet colossal events." --Ruben Vardanyan, social entrepreneur, impact investor, and venture philanthropist, "[ Bankers and Bolsheviks ] is lucidly written, meticulously researched and painstakingly edited. It meets its stated aim of usefully filling a gap in the historiography of the Russian revolution." ---Francis King, European History Quarterly, "A highly readable tale of one of history's biggest booms and busts, with valuable perspective for contemporary investors." --Emmanuel Roman, CEO, PIMCO, "The financial history of the Russian Revolution has been largely neglected for a century, despite the importance of banks and bondholders as targets, and indeed victims, of the Bolshevik Revolution. Hassan Malik's deeply researched and vividly written study shows the vital importance of foreign capital to the prerevolutionary Tsarist economy, the reluctance of Western bankers to face the seriousness of the threat posed to them by Lenin & Co., and the rationale behind the Bolsheviks' massive debt default. This is an original and illuminating contribution to a literature that has devoted far more attention to the revolutionaries than to the capitalist system they overthrew." --Niall Ferguson, Milbank Senior Fellow, Hoover Institution, Stanford, "At a time when political risk has surged to the front of investors' minds, financial history offers valuable perspective. Hassan Malik's elegantly told story of the largest default in history is a must-read for macro investors navigating today's challenging global markets." --Steve Drobny, founder and CEO, Clocktower Group
Dewey Edition
23
Illustrated
Yes
Dewey Decimal
330.947
Synopsis
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.
LC Classification Number
HG5572

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