Macro Outlook: History does not repeat itself The Crimean war of 1853 was the previous large-scale military conflict between Russia and the West. Curiously, the war was started by Emperor Nicholas I under the pretext of protecting of Eastern Orthodox control of the Holy Places. (The pretext for the current war is protecting Russian speakers and Russian interests in Ukraine.) After two and half years of fighting all sides of the Crimean war suffered 500,000 casualties. Russia was defeated and hostilities were concluded in 1856 with the Treaty of Paris, which declared in Article I, that “there will be peace and friendship (between signatories LT) … in perpetuity”. The effects of the Treaty of Paris and The Paris Declaration, which was signed shortly afterwards, were positive for the global trade: the Black Sea was demilitarized, and the Maritime law was strengthened. After the war Russia, led by the new Emperor Alexander II, continued industrialization and introduced many reforms essential for the country’s economic development. Emancipation for the serfs was announced in 1861, and a constitutional reform was introduced in 1881.
History does not repeat itself
History does not repeat itself
History does not repeat itself
Macro Outlook: History does not repeat itself The Crimean war of 1853 was the previous large-scale military conflict between Russia and the West. Curiously, the war was started by Emperor Nicholas I under the pretext of protecting of Eastern Orthodox control of the Holy Places. (The pretext for the current war is protecting Russian speakers and Russian interests in Ukraine.) After two and half years of fighting all sides of the Crimean war suffered 500,000 casualties. Russia was defeated and hostilities were concluded in 1856 with the Treaty of Paris, which declared in Article I, that “there will be peace and friendship (between signatories LT) … in perpetuity”. The effects of the Treaty of Paris and The Paris Declaration, which was signed shortly afterwards, were positive for the global trade: the Black Sea was demilitarized, and the Maritime law was strengthened. After the war Russia, led by the new Emperor Alexander II, continued industrialization and introduced many reforms essential for the country’s economic development. Emancipation for the serfs was announced in 1861, and a constitutional reform was introduced in 1881.