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Hope Springs Eternal French Bondholders And The Repudiation Of Russian Sovereign Debt Kim Oosterlinck Anthony Bulger

  • SKU: BELL-50348168
Hope Springs Eternal French Bondholders And The Repudiation Of Russian Sovereign Debt Kim Oosterlinck Anthony Bulger
$ 31.00 $ 45.00 (-31%)

4.1

90 reviews

Hope Springs Eternal French Bondholders And The Repudiation Of Russian Sovereign Debt Kim Oosterlinck Anthony Bulger instant download after payment.

Publisher: Yale University Press
File Extension: PDF
File size: 2.16 MB
Pages: 224
Author: Kim Oosterlinck; Anthony Bulger
ISBN: 9780300220933, 0300220936
Language: English
Year: 2016

Product desciption

Hope Springs Eternal French Bondholders And The Repudiation Of Russian Sovereign Debt Kim Oosterlinck Anthony Bulger by Kim Oosterlinck; Anthony Bulger 9780300220933, 0300220936 instant download after payment.

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.

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