Hope springs eternal : French bondholders and the repudiation of Russian sovereign debt /

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Bibliographic Details
Author / Creator:Oosterlinck, Kim, author.
Imprint:New Haven : Yale University Press, [2016]
Description:1 online resource
Language:English
Series:Yale series in economic and financial history
Yale series in economic and financial history.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11909627
Hidden Bibliographic Details
Other authors / contributors:Bulger, Anthony, translator.
ISBN:9780300220933
0300220936
0300190913
9780300190915
Notes:Includes bibliographical references and index.
Online resource; title from PDF title page (EBSCO, viewed May 11, 2016).
Summary:In 1918, the Soviet revolutionary government repudiated the Tsarist regime 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 superbly researched study is more urgent than ever.
Other form:Print version: 0300190913 9780300190915