Description

A must-read financial history for investors navigating today's volatile global markets

Following an unprecedented economic boom fed by foreign investment, the Russian Revolution triggered the largest sovereign default in history. In Bankers and Bolsheviks, Hassan Malik tells the story of this boom and bust, chronicling the experiences of leading financiers of the day as they navigated one of the most lucrative yet challenging markets of the first modern age of globalization. He 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. 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.

Bankers and Bolsheviks: International Finance and the Russian Revolution

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Paperback / softback by Hassan Malik

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A must-read financial history for investors navigating today's volatile global marketsFollowing an unprecedented economic boom fed by foreign investment, the... Read more

    Publisher: Princeton University Press
    Publication Date: 26/05/2020
    ISBN13: 9780691202228, 978-0691202228
    ISBN10: 0691202222

    Number of Pages: 318

    Non Fiction , Business, Finance & Law

    Description

    A must-read financial history for investors navigating today's volatile global markets

    Following an unprecedented economic boom fed by foreign investment, the Russian Revolution triggered the largest sovereign default in history. In Bankers and Bolsheviks, Hassan Malik tells the story of this boom and bust, chronicling the experiences of leading financiers of the day as they navigated one of the most lucrative yet challenging markets of the first modern age of globalization. He 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. 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.

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