Friday, December 7, 2018

Hassan Malik

Hassan Malik is the author of Bankers and Bolsheviks: International Finance and the Russian Revolution.

From his Q&A at the Princeton University Press blog:
Many scholars, writers and filmmakers have engaged with the period you chose to write about. What in particular attracted you to it?

I was always struck by how frequently financial history surveys focus on a few set stories and episodes – the Dutch Tulipmania of the seventeenth century, the hyperinflation in Weimar Germany, or the 1929 stock market crash – but how rarely they mention Russia, especially given the scale of the Russian borrowing binge in the late nineteenth and early twentieth centuries. As a banker living and working in Moscow during mid 2000s, I was constantly walking by pre-revolutionary buildings that had once housed banks. These vestiges of a previous Russian boom piqued my interest in the role of finance during the revolutionary period and inspired me to approach the subject through the archives and writings of key individual players in this drama. The Russian case was particularly interesting given that all the major players in global finance were able to participate in Russian markets. Unlike other emerging markets that were dominated by a single country or bank, the Russian story featured a diverse group of actors, and so provided an ideal vantage point from which to write about...[read on]
--Marshal Zeringue