The first attempts to break through the financial blockade of Soviet Russia (on the example of the issue of an International labor Assistance loan)

The article considers an attempt by the Soviet leadership to use the capabilities of the international financial market to overcome hunger in the country. The process of developing and implementing for this purpose a bond loan of International labor Assistance to Soviet Russia among foreign proletarian organizations is described. Special attention is paid to the participation of the Comintern in the agitation and distribution of loan bonds. The difficulties of placing a loan abroad are shown. Some results of one of the first attempts to break the financial blockade by Soviet Russia have been summarized.

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Publication Details

Journal
History and modern perspectives
Published
2024-10-15
DOI
https://doi.org/10.33693/2658-4654-2024-6-4-43-53
Primary Topic
Russia and Soviet political economy
Type
article
Field-Weighted Citation Impact
0.00
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article

The first attempts to break through the financial blockade of Soviet Russia (on the example of the issue of an International labor Assistance loan)

Yu. P. Golitsyn, А. С. Соколов
History and modern perspectives
Russia and Soviet political economy
article

The first attempts to break through the financial blockade of Soviet Russia (on the example of the issue of an International labor Assistance loan)

Yu. P. Golitsyn, А. С. Соколов
article en

Abstract

The article considers an attempt by the Soviet leadership to use the capabilities of the international financial market to overcome hunger in the country. The process of developing and implementing for this purpose a bond loan of International labor Assistance to Soviet Russia among foreign proletarian organizations is described. Special attention is paid to the participation of the Comintern in the agitation and distribution of loan bonds. The difficulties of placing a loan abroad are shown. Some results of one of the first attempts to break the financial blockade by Soviet Russia have been summarized.

History and modern perspectivesVol. 6(4)
Science Exchange (United States) (US), Ryazan State Radio Engineering University (RU)
Openalex Percentile: Top 57%
Russia and Soviet political economy
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