Financial crises of the early twentieth century in Ukraine

The article analyzes the major financial crises in Ukraine at early twentieth century dealing with the crises of 1899–1902 and 1908–1910. The main attention is paid to the large-scale crisis of 1899–1902 at the new industrial region in Eastern Ukraine where numerous steel and mining companies based...

Full description

Bibliographic Details
Main Author: S.Z. Moshenskyi
Format: Article
Language:English
Published: Zhytomyr State Technological University 2015-12-01
Series:Vìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki
Subjects:
Online Access:http://ven.ztu.edu.ua/article/view/59717/55586
Description
Summary:The article analyzes the major financial crises in Ukraine at early twentieth century dealing with the crises of 1899–1902 and 1908–1910. The main attention is paid to the large-scale crisis of 1899–1902 at the new industrial region in Eastern Ukraine where numerous steel and mining companies based on massive foreign investment (mainly Belgian and French) were created shortly. The general boom of new joint-stock companies and insufficient provision of these companies by state orders were the main reason of the crisis which was the reflection of the international industrial and financial crisis of those years. The author also researches the crisis of 1908–1910 in the Ukrainian sugar industry.
ISSN:1728-4236
1728-4236