Germany And The Diplomacy Of The Financial Crisis 1931

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Germany and the Diplomacy of the Financial Crisis, 1931

Author : Edward W. Bennett
Publisher : Harvard University Press
Page : 364 pages
File Size : 47,7 Mb
Release : 1962
Category : History
ISBN : 0674352505

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Germany and the Diplomacy of the Financial Crisis, 1931 by Edward W. Bennett Pdf

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.

1931

Author : Tobias Straumann
Publisher : Oxford University Press
Page : 267 pages
File Size : 52,5 Mb
Release : 2019-01-08
Category : History
ISBN : 9780192548139

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1931 by Tobias Straumann Pdf

Germany's financial collapse in the summer of 1931 was one of the biggest economic catastrophes of modern history. It led to a global panic, brought down the international monetary system, and turned a worldwide recession into a prolonged depression. The crisis also contributed decisively to the rise of Hitler. Within little more than a year of its onset, the Nazis were Germany's largest political party at both the regional and national level, paving the way for Hitler's eventual seizure of power in January 1933. The origins of the collapse lay in Germany's large pile of foreign debt denominated in gold-backed currencies, which condemned the German government to cut spending, raise taxes, and lower wages in the middle of a worldwide recession. As political resistance to this policy of austerity grew, the German government began to question its debt obligations, prompting foreign investors to panic and sell their German assets. The resulting currency crisis led to the failure of the already weakened banking system and a partial sovereign default. Hitler managed to profit from the crisis because he had been the most vocal critic of the reparation regime responsible for the lion's share of German debts. As the financial system collapsed, his relentless attacks against foreign creditors and the alleged complicity of the German government resonated more than ever with the electorate. The ruling parties that were responsible for the situation lost their credibility and became defenceless in the face of his onslaught against an establishment allegedly selling the country out to her foreign creditors. Meanwhile, these creditors hesitated too long to take the wind out of Hitler's sails by offering debt relief. In this way, a financial crisis soon developed into a political catastrophe for both Europe and the world.

The Failure of Economic Diplomacy

Author : Patricia Clavin
Publisher : Palgrave Macmillan
Page : 279 pages
File Size : 55,8 Mb
Release : 1996
Category : Business & Economics
ISBN : 0312127251

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The Failure of Economic Diplomacy by Patricia Clavin Pdf

Based on new archival research, this is the first comprehensive study of the failure of international co-operation to combat the Great Depression. The book explores the impact of protectionism, reparations and war debts, as well as the more well known disagreements on monetary issues which, together, helped to prolong the most profound economic depression of the twentieth century. The economic and diplomatic lessons drawn from this period by the major powers - particularly German intelligence as to the deep divisions in Anglo-American economic relations - also provide an important contribution to understanding the origins of the Second World War and the diplomatic and economic order created in its aftermath.

Ursachen und Folgen der deutschen Finanzkrise von 1931 in nationaler und internationaler Perspektive / Causes and Consequences of the German Financial Crisis of 1931 in National and International Perspective

Author : Carsten Burhop,Reinhard Spree
Publisher : Akademie Verlag
Page : 211 pages
File Size : 53,8 Mb
Release : 2011-11-30
Category : History
ISBN : 3050051205

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Ursachen und Folgen der deutschen Finanzkrise von 1931 in nationaler und internationaler Perspektive / Causes and Consequences of the German Financial Crisis of 1931 in National and International Perspective by Carsten Burhop,Reinhard Spree Pdf

German Diplomatic Relations 1871-1945

Author : William Young
Publisher : iUniverse
Page : 406 pages
File Size : 52,9 Mb
Release : 2006-09-04
Category : History
ISBN : 0595850723

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German Diplomatic Relations 1871-1945 by William Young Pdf

The continuity issue has been a theme in German historiography for half a century. Historians have examined the foreign policy of Wilhelmine and Nazi Germany that led to two world wars. Dr. William Young examines the continuity of German Foreign Office influence in the formulation of foreign policy under the leadership of Otto von Bismarck (1862-1890), Kaiser William II (1888-1918), the Weimar Republic (1919-1933), and Adolf Hitler (1933-1945). He stresses the role and influence of strong German leaders in the making of policy and the conduct of foreign relations. German Diplomatic Relations 1871-1945 will be of value to individuals interested in the history of Germany, Modern Europe, and International Relations.

American Power after the Financial Crisis

Author : Jonathan Kirshner
Publisher : Cornell University Press
Page : 225 pages
File Size : 49,6 Mb
Release : 2014-09-08
Category : Political Science
ISBN : 9780801454783

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American Power after the Financial Crisis by Jonathan Kirshner Pdf

The global financial crisis of 2007–2008 was both an economic catastrophe and a watershed event in world politics. In American Power after the Financial Crisis, Jonathan Kirshner explains how the crisis altered the international balance of power, affecting the patterns and pulse of world politics. The crisis, Kirshner argues, brought about an end to what he identifies as the "second postwar American order" because it undermined the legitimacy of the economic ideas that underpinned that order—especially those that encouraged and even insisted upon uninhibited financial deregulation. The crisis also accelerated two existing trends: the relative erosion of the power and political influence of the United States and the increased political influence of other states, most notably, but not exclusively, China.Looking ahead, Kirshner anticipates a "New Heterogeneity" in thinking about how best to manage domestic and international money and finance. These divergences—such as varying assessments of and reactions to newly visible vulnerabilities in the American economy and changing attitudes about the long-term appeal of the dollar—will offer a bold challenge to the United States and its essentially unchanged disposition toward financial policy and regulation. This New Heterogeneity will contribute to greater discord among nations about how best to manage the global economy. A provocative look at how the 2007–2008 economic collapse diminished U.S. dominance in world politics, American Power after the Financial Crisis suggests that the most significant and lasting impact of the crisis and the Great Recession will be the inability of the United States to enforce its political and economic priorities on an increasingly recalcitrant world.

Sustainable Security

Author : Jeremi Suri,Benjamin Valentino
Publisher : Oxford University Press
Page : 400 pages
File Size : 45,5 Mb
Release : 2016-11-01
Category : Political Science
ISBN : 9780190611507

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Sustainable Security by Jeremi Suri,Benjamin Valentino Pdf

As the world shifts away from the unquestioned American hegemony that followed in the wake of the Cold War, the United States is likely to face new kinds of threats and sharper resource constraints than it has in the past. However, the country's alliances, military institutions, and national security strategy have changed little since the Cold War. American foreign and defense policies, therefore, should be assessed for their fitness for achieving sustainable national security amidst the dynamism of the international political economy, changing domestic politics, and even a changing climate. This book brings together sixteen leading scholars from across political science, history, and political economy to highlight a range of American security considerations that deserve a larger role in both scholarship and strategic decision-making. In these chapters, scholars of political economy and the American defense budget examine the economic engine that underlies U.S. military might and the ways the country deploys these vast (but finite) resources. Historians illuminate how past great powers coped with changing international orders through strategic and institutional innovations. And regional experts assess America's current long-term engagements, from NATO to the chaos of the Middle East to the web of alliances in Asia, deepening understandings that help guard against both costly commitments and short-sighted retrenchments. This interdisciplinary volume sets an agenda for future scholarship that links politics, economics, and history in pursuit of sustainable security for the United States - and greater peace and stability for Americans and non-Americans alike.

The Bismarck Myth

Author : Robert Gerwarth
Publisher : Oxford University Press on Demand
Page : 229 pages
File Size : 46,8 Mb
Release : 2005-07-14
Category : History
ISBN : 9780199281848

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The Bismarck Myth by Robert Gerwarth Pdf

Few statesmen in history have inspired the imagination of generations of Germans more than the founder of the Kaiserreich, Otto von Bismarck. The archetype of charismatic leadership, the Iron Chancellor maintained his pre-eminent position in the pantheon of Germany's political iconography for much of the twentieth century.Based on a large selection of primary sources, this book provides an insightful analysis of the Bismarck myth's profound impact on Germany's political culture. In particular, it investigates the ways in which that myth was used to undermine parliamentary democracy in Germany after the Great War, paving the way for its replacement by authoritarian rule under an allegedly 'Bismarckian' charismatic leader, Adolf Hitler.As one of the most powerful weapons of nationalist agitation against the Weimar Republic, the Bismarck myth was never contested. The nationalists' ideologically charged interpretation of Bismarck as the father of the German nation-state and model for future political decision-making clashed with rivalling - and thoroughly critical - democratic and communist perceptions of the Iron Chancellor. The quarrel over Bismarck's legacy demonstrates how the clash of ideologies, particularly between 1918and 1933, resulted in a highly political fight for the 'correct' and universal interpretation of the German past.Essential reading for anyone interested in modern German history, this book sheds new light on the Weimar Republic's struggle for survival and the reasons for its failure.

The Lives of Hans Luther, 1879 - 1962

Author : Edmund C. Clingan
Publisher : Lexington Books
Page : 182 pages
File Size : 54,7 Mb
Release : 2010-01-07
Category : History
ISBN : 9780739136430

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The Lives of Hans Luther, 1879 - 1962 by Edmund C. Clingan Pdf

For the first time in any language, a book examines the life of Hans Luther, the German statesman whose career began at the tail end of the Second Empire and ended in the postwar years. Luther had a front-row seat for World War I, the Revolution of 1918, the Great Inflation, the Great Depression, and the rise of the Third Reich-serving as Hitler's first ambassador to the United States. C. Edmund Clingan chronicles the life of this controversial German politician, diplomat, and banker. Luther served as mayor of Essen during the Revolution of 1918, the Kapp Putsch, and the occupation of the Ruhr Valley by the French. Rising rapidly in the political ranks, he served as finance minister and then, briefly, as chancellor in 1925 and 1926. Many criticized his policies as president of the Reichsbank during the Great Depression. Adolf Hitler then appointed Luther to serve as ambassador to the United States. After being recalled to Germany in 1937, Luther retired from politics until after World War II, when he served the Federal Republic well into the 1950s.

French Foreign and Defence Policy, 1918-1940

Author : Robert Boyce
Publisher : Routledge
Page : 308 pages
File Size : 54,5 Mb
Release : 2005-06-20
Category : History
ISBN : 9781134748266

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French Foreign and Defence Policy, 1918-1940 by Robert Boyce Pdf

French Foreign and Defence Policy, 1918-1940 outlines France's strategies for protection and appeasement during this period and places interwar relations in a larger European context. This book examines: * relationships with key countries such as Italy and Russia * the significance of interwar France to 20th Century European integration * the historical context of the policies * the setbacks and defeats of the period and how they should be evaluated

International Financial History in the Twentieth Century

Author : Marc Flandreau,Carl-Ludwig Holtfrerich,Harold James
Publisher : Cambridge University Press
Page : 290 pages
File Size : 50,6 Mb
Release : 2003
Category : Business & Economics
ISBN : 9780521819954

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International Financial History in the Twentieth Century by Marc Flandreau,Carl-Ludwig Holtfrerich,Harold James Pdf

The essays, written by leading experts, examine the history of the international financial system in terms of the debate about globalization and its limits. In the nineteenth century, international markets existed without international institutions. A response to the problems of capital flows came in the form of attempts to regulate national capital markets (for instance through the establishment of central banks). In the inter-war years, there were (largely unsuccessful) attempts at designing a genuine international trade and monetary system; and at the same time (coincidentally) the system collapsed. In the post-1945 era, the intended design effort was infinitely more successful. The development of large international capital markets since the 1960s, however, increasingly frustrated attempts at international control. The emphasis has shifted in consequence to debates about increasing the transparency and effectiveness of markets; but these are exactly the issues that already dominated the nineteenth-century discussions.

Perspectives on Modern German Economic History and Policy

Author : Knut Borchardt
Publisher : Cambridge University Press
Page : 302 pages
File Size : 46,8 Mb
Release : 1991-05-30
Category : Business & Economics
ISBN : 0521368588

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Perspectives on Modern German Economic History and Policy by Knut Borchardt Pdf

This collection of essays covers themes central to German economic history while considering their interaction with other historical phenomena. Among the essays Borchardt considers Germany's late start as an industrial nation, the West-East developmental gradient, key patterns of long-term economic development, and unusual changes in the phenomena of business cycles. The collection also contains the essays which have become the subject of so-called 'Borchardt controversies', in which hypotheses are presented on the economic causes of the collapse of the parliamentary regime by 1929-30, at the very end of the 'crisis before the crisis'. He also explains why there were no alternatives to the economic policies of the slump, and in particular why there was no 'miracle weapon' against Hitler's seizure of power. These are among the most original and stimulating contributions of recent years to the economic history of modern Germany and will be of interest to anyone who ponders deeply the meaning of history.

Ambassador Frederic Sackett and the Collapse of the Weimar Republic, 1930-1933

Author : Bernard V. Burke
Publisher : Cambridge University Press
Page : 350 pages
File Size : 53,8 Mb
Release : 1994
Category : History
ISBN : 0521533112

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Ambassador Frederic Sackett and the Collapse of the Weimar Republic, 1930-1933 by Bernard V. Burke Pdf

The behind-the-scenes story of how Ambassador Sackett used all his influence to help prevent Hitler from coming into power.