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Finance and Credit
 

Finance of Empress Alexandra Feodorovna of Russia

Vol. 22, Iss. 24, JUNE 2016

PDF  Article PDF Version

Received: 22 December 2015

Received in revised form: 26 April 2016

Accepted: 24 May 2016

Available online: 29 June 2016

Subject Heading: CHAPTER OF HISTORY

JEL Classification: B31, D14

Pages: 54-66

Fetisov V.D. National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation
Fetisov21@mail.ru

Importance The pending centenary of the end of the Romanov dynasty reign increases the interest in financial activities of the Royal family. The role of Empress Alexandra Feоdorovna in finance is of special relevance.
Objectives The article aims to determine the size, cost structure and role of finance of Alexandra Feodorovna, to disclose the nature and focal points of her financial policy and management, to identify their relation to the collapse of the autocracy and the Russian Empire, and to take into account the past experience in today's finance of Russia.
Methods The article employs logical, analytical, systematic, historical and economic research methods to determine the basics of finance of Alexandra Feodorovna.
Results I present my own concept of finance of Alexandra Feodorovna, reveal the cost structure and the role of finances of the Empress in the life of the Royal family and Russia as a whole, show the main areas, specifics and impact of financial activity of the Empress on the fate of the autocracy and the Russian Empire, and make recommendations for improving the modern financial management based on the experience of the Russian Empress.
Conclusions The Russian Empress was one of the richest women in the world, and, in fact, a top manager of Royal finances. However, the foreign and especially German orientation and the shadow nature of her financial activities had a negative impact on the Romanov dynasty and the Russian Empire. However, her experience is important for positive development of modern Russia.

Keywords: Empress, Alexandra Feodorovna, finance

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