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Hope Springs Eternal : French Bondholders and the Repudiation of Russian Sovereign Debt (Hardcover) (Kim

Hope Springs Eternal : French Bondholders and the Repudiation of Russian Sovereign Debt (Hardcover) (Kim - image 1 of 1

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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.
Number of Pages: 244.0
Genre: Business + Money Management
Sub-Genre: Soviet Union, History
Series Title: Yale Series in Economic and Financial History
Format: Hardcover
Publisher: Yale Univ Pr
Author: Kim Oosterlinck
Language: English
Street Date: May 24, 2016
TCIN: 50863264
UPC: 9780300190915
Item Number (DPCI): 248-12-3286

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