Germany and the Diplomacy of the Financial Crisis, 1931

Germany and the Diplomacy of the Financial Crisis, 1931 PDF Author: Edward W. Bennett
Publisher: Harvard University Press
ISBN: 9780674352506
Category : History
Languages : en
Pages : 364

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Book Description
Using documents only recently available, this pioneering book explores the interaction of German, British, French, and American policy at a time when the great depression and the growing political power of the Nazis had created a European crisis--the only such crisis between 1910 and 1941 in which the United States played a leading role. The author uses contemporary records to rectify the later accounts of such participants as Herbert Hoover, Julius Curtius, and Paul Schmidt. He describes the negotiations of the major powers arising out of the Austro-German plans for a customs union, and relates this problem to the question of terminating reparations and war debts. He shows how the Governor of the Bank of England directed British foreign policy into bitter opposition to France and how the German government sought to exploit the German private debt to Wall Street. Edward Bennett comes to the conclusion that the Br ning government, contrary to widely held opinion, received fully as much help as it deserved, while the Western powers were already showing the disunity and irresponsibility which proved so disastrous in later years. Although primarily a diplomatic history, this book also offers fresh information on pre-Hitler Germany, MacDonald's Britain, the Hoover administration, and the early career of Pierre Laval.

Germany and the Diplomacy of the Financial Crisis, 1931

Germany and the Diplomacy of the Financial Crisis, 1931 PDF Author: Edward W. Bennett
Publisher: Harvard University Press
ISBN: 9780674352506
Category : History
Languages : en
Pages : 364

Get Book Here

Book Description
Using documents only recently available, this pioneering book explores the interaction of German, British, French, and American policy at a time when the great depression and the growing political power of the Nazis had created a European crisis--the only such crisis between 1910 and 1941 in which the United States played a leading role. The author uses contemporary records to rectify the later accounts of such participants as Herbert Hoover, Julius Curtius, and Paul Schmidt. He describes the negotiations of the major powers arising out of the Austro-German plans for a customs union, and relates this problem to the question of terminating reparations and war debts. He shows how the Governor of the Bank of England directed British foreign policy into bitter opposition to France and how the German government sought to exploit the German private debt to Wall Street. Edward Bennett comes to the conclusion that the Br ning government, contrary to widely held opinion, received fully as much help as it deserved, while the Western powers were already showing the disunity and irresponsibility which proved so disastrous in later years. Although primarily a diplomatic history, this book also offers fresh information on pre-Hitler Germany, MacDonald's Britain, the Hoover administration, and the early career of Pierre Laval.

German Reparations and Brazilian Debt

German Reparations and Brazilian Debt PDF Author: Arminio Fraga
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 44

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Book Description


Brazilian Debt Crisis

Brazilian Debt Crisis PDF Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Finance, Trade, and Monetary Policy
Publisher:
ISBN:
Category : Brazil
Languages : en
Pages : 100

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Book Description


Comparing Latin American Debt Today with German Reparations After World War I

Comparing Latin American Debt Today with German Reparations After World War I PDF Author: Steven Benjamin Webb
Publisher:
ISBN:
Category :
Languages : en
Pages : 74

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Book Description


Global Waves of Debt

Global Waves of Debt PDF Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403

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Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

New Approaches to the Latin American Debt Crisis

New Approaches to the Latin American Debt Crisis PDF Author: Jeffrey Sachs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 60

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Book Description


The International Debt Crisis in Historical Perspective

The International Debt Crisis in Historical Perspective PDF Author: Barry Eichengreen
Publisher: MIT Press
ISBN: 9780262550222
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
Eichengreen and Lindert bring together original studies that assess the historical record to see what lessons can be learned for resolving today's crisis.

When Nations Can't Default

When Nations Can't Default PDF Author: Simon Hinrichsen
Publisher: Cambridge University Press
ISBN: 1009343947
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
War reparations have been large and small, repaid and defaulted on, but the consequences have almost always been significant. Ever since Keynes made his case against German reparations in The Economic Consequences of the Peace, the effects of transfer payments have been hotly debated. When Nations Can't Default tells the history of war reparations and their consequences by combining history, political economy, and open economy macroeconomics. It visits often forgotten episodes and tells the story of how reparations were mostly repaid - and when they were not. Analysing fifteen episodes of war reparations, this book argues that reparations are unlike other sovereign debt because repayment is enforced by military and political force, making it a senior liability of the state.

Developing Country Debt and Economic Performance, Volume 1

Developing Country Debt and Economic Performance, Volume 1 PDF Author: Jeffrey D. Sachs
Publisher: University of Chicago Press
ISBN: 0226733181
Category : Business & Economics
Languages : en
Pages : 414

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Book Description
For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. This project on developing country debt, undertaken by the National Bureau of Economic Research, provides a detailed analysis of the ongoing developing country debt crisis. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The project analyzes the crisis from two perspectives, that of the international financial system as a whole (volume 1) and that of individual debtor countries (volumes 2 and 3).

Lords of Finance

Lords of Finance PDF Author: Liaquat Ahamed
Publisher: Penguin
ISBN: 9781594201820
Category : Business & Economics
Languages : en
Pages : 584

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Book Description
Argues that the stock market crash of 1929 and subsequent Depression occurred as a result of poor decisions on the part of four central bankers who jointly attempted to reconstruct international finance by reinstating the gold standard.