Repudiation of debt at the Russian Revolution II, the last Emperor of Russia, was forced to sign his abdication and the end of the Russian Imperial Government and of the Romanov dynasty. The new government decided to continue the war, which meant more military spending. To increase budget revenues, a state monopoly was introduced on the sales of sugar, tea, matches, tobacco, and other consumer products. Still, the printing press remained the main source of revenues. This was a period of hyperinflation. The Provisional government was overthrown on October 24, 1917, and the Soviet government was created. The amounts of payments in default were enormous. Russian debt
Vietnam: The Origins of Revolution sets up his thesis by first differentiating between events that are merely revolts and those that are revolutions. A revolt is characterized as a revolution when it is accompanied by significant structural political changes. McAlister makes it a point to clarify his definition of revolution, and does not limit it to a specific event and title, but argues that large scale changes over time are also revolutions. In this way, McAlister's characterization of revolution in Vietnam is more akin to the Industrial Revolution than to other political revolutions such as the Russian Revolution of 1917. In scope and depth, the