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9 - Russian and Bulgarian World War I Reparations

Published online by Cambridge University Press:  19 October 2023

Simon Hinrichsen
Simon Hinrichsen
Affiliation:
University of Copenhagen
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Summary

Chapter 9 is the brief story of the lesser-known World War I reparations of Bulgaria and Russia. Both reparations were large in terms of each countrys output but were subsequently negotiated away in political treaties. In the Soviet Unions case, it is one of the examples of how you can repudiate debt completely but under the cost of exiting the global trading system.

Keywords

RussiaBulgariaWorld War Ireparationsdefaulthistory
Type
Chapter
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When Nations Can't Default
A History of War Reparations and Sovereign Debt
 , pp. 130 - 132
Publisher: Cambridge University Press
Print publication year: 2023

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