The Franco-German War Indemnity and Its Economic Results

The Franco-German War Indemnity and Its Economic Results PDF Author: Horace Handley O'Farrell
Publisher:
ISBN:
Category : Franco-Prussian War, 1870-1871
Languages : en
Pages : 100

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The Franco-German War Indemnity and Its Economic Results

The Franco-German War Indemnity and Its Economic Results PDF Author: Horace Handley O'Farrell
Publisher:
ISBN:
Category : Franco-Prussian War, 1870-1871
Languages : en
Pages : 100

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Book Description


Destabilizing the Global Monetary System: Germany’s Adoption of the Gold Standard in the Early 1870s

Destabilizing the Global Monetary System: Germany’s Adoption of the Gold Standard in the Early 1870s PDF Author: Mr.Johannes Wiegand
Publisher: International Monetary Fund
ISBN: 1498301223
Category : Business & Economics
Languages : en
Pages : 28

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In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been prevalent in most German states until then. The reform sparked a series of steps in other countries that ultimately ended global bimetallism, i.e., a near-universal fixed exchange rate system in which (mostly) France stabilized the exchange value between gold and silver currencies. As a result, silver currencies depreciated sharply, and severe deflation ensued in the gold block. Why did Germany switch to gold and set the train of destructive events in motion? Both a review of the contemporaneous debate and statistical evidence suggest that it acted preemptively: the Australian and Californian gold discoveries of around 1850 had greatly increased the global supply of gold. By the mid-1860s, gold threatened to crowd out silver money in France, which would have severed the link between gold and silver currencies. Without reform, Germany would thus have risked exclusion from the fixed exchange rate system that tied together the major industrial economies. Reform required French accommodation, however. Victory in the Franco-Prussian war of 1870/71 allowed Germany to force accommodation, but only until France settled the war indemnity and regained sovereignty in late 1873. In this situation, switching to gold was superior to adopting bimetallism, as it prevented France from derailing Germany’s reform ex-post.

The Economic Consequences of the Peace

The Economic Consequences of the Peace PDF Author: John Maynard Keynes
Publisher: Simon Publications LLC
ISBN: 9781931541138
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
John Maynard Keynes, then a rising young economist, participated in the Paris Peace Conference in 1919 as chief representative of the British Treasury and advisor to Prime Minister David Lloyd George. He resigned after desperately trying and failing to reduce the huge demands for reparations being made on Germany. The Economic Consequences of the Peace is Keynes' brilliant and prophetic analysis of the effects that the peace treaty would have both on Germany and, even more fatefully, the world.

Indemnities of War

Indemnities of War PDF Author: Great Britain. Foreign Office. Historical Section
Publisher:
ISBN:
Category :
Languages : en
Pages : 48

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Selected Cliometric Studies on German Economic History

Selected Cliometric Studies on German Economic History PDF Author: John Komlos
Publisher: Franz Steiner Verlag
ISBN: 9783515068994
Category : Business & Economics
Languages : en
Pages : 378

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Book Description
Wirtschaftsgeschichtliche Forschung kann nur interdisziplin�r betrieben werden und ihre Aufgabe der Vertiefung unseres Verst�ndnisses von sozio-�konomischen Prozessen und deren Interaktion mit politischen Entwicklungen erfuellen, wenn �konomische Theorie vernuenftig angewendet wird. Zwei amerikanische Wissenschaftler, Douglas North und Robert Fogel, wurden 1993 mit dem Nobelpreis fuer Wirtschaftswissenschaften fuer ihre Pionierarbeit in Kliometrie, der Verbindung von �konomie und Geschichte, ausgezeichnet. In Nordamerika ist der Paradigmenwechsel vollst�ndig vollzogen: Kliometrie ist bereits eine �normale Wissenschaft�. Der vorliegende Band, vornehmlich von amerikanischen Gelehrten mit wirtschaftswissenschaftlichem Sachverstand geschrieben, liefert der deutschen akademischen Gemeinschaft wenig bekannte, jedoch bahnbrechende Artikel. .

The Nineteenth Century and After

The Nineteenth Century and After PDF Author:
Publisher:
ISBN:
Category : Nineteenth century
Languages : en
Pages : 1352

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French Public Finance in the Great War and To-day

French Public Finance in the Great War and To-day PDF Author: Harvey Edward Fisk
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 384

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The Causes and Consequences of the War

The Causes and Consequences of the War PDF Author: Yves Guyot
Publisher: London : Hutchinson
ISBN:
Category : World War, 1914-1918
Languages : en
Pages : 404

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The Economic Journal

The Economic Journal PDF Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 684

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Book Description
Contains papers that appeal to a broad and global readership in all fields of economics.

Nineteenth Century, a Monthly Review

Nineteenth Century, a Monthly Review PDF Author:
Publisher:
ISBN:
Category : English periodicals
Languages : en
Pages : 1340

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