Keynes and the Non-neutrality of Russian War Finance during World War One
Vincent Barnett
Europe-Asia Studies, 2009, vol. 61, issue 5, 797-812
Abstract:
This article examines the particular methods of war finance that were used by Russia during World War One in relation to the total cost of the war, and evaluates them against a theoretical ideal that was outlined by the Cambridge economist J. M. Keynes. It then asks whether there were any consequences of two particular chosen means of financing the war—the issue of large amounts of paper currency and short-term treasury bills—for maintaining Russian economic stability. The evaluations of a number of Russian and British economists are used as gauges of Keynes's advice, and also as more general comparison in relation to the equivalent policies pursued by other Allied countries.
Date: 2009
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.1080/09668130902905008 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:ceasxx:v:61:y:2009:i:5:p:797-812
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/ceas20
DOI: 10.1080/09668130902905008
Access Statistics for this article
Europe-Asia Studies is currently edited by Terry Cox
More articles in Europe-Asia Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().