Austrian reconstruction and the collapse of global finance 1921-1931.

Austrian reconstruction and the collapse of global finance 1921-1931.
Marcus Nathan
Cambridge (MSS), Harvard University Press, 2018
ISBN: 9780674088924
480 páginas
Precio: 54,59€

Sinopsis: In 1921 Austria became the first interwar European country to experience hyperinflation. The League of Nations, among other actors, stepped in to help reconstruct the economy, but a decade later Austria’s largest bank, Credit-Anstalt, collapsed. Historians have correlated these events with the banking and currency crisis that destabilized interwar Europe—a narrative that relies on the claim that Austria and the global monetary system were the victims of financial interlopers. In this corrective history, Nathan Marcus deemphasizes the destructive role of external players in Austria’s reconstruction and points to the greater impact of domestic malfeasance and predatory speculation on the nation’s financial and political decline.

Consulting sources ranging from diplomatic dossiers to bank statements and financial analyses, Marcus shows how the League of Nations’ efforts to curb Austrian hyperinflation in 1922 were politically constrained. The League left Austria in 1926 but foreign interests intervened in 1931 to contain the fallout from the Credit-Anstalt collapse. Not until later, when problems in the German and British economies became acute, did Austrians and speculators exploit the country’s currency and compromise its value. Although some statesmen and historians have pinned Austria’s—and the world’s—economic implosion on financial colonialism, Marcus’s research offers a more accurate appraisal of early multilateral financial supervision and intervention.
Illuminating new facets of the interwar political economy, Austrian Reconstruction and the Collapse of Global Finance reckons with the true consequences of international involvement in the Austrian economy during a key decade of renewal and crisis.

Recomendados

Una Historia Económica. Europa desde la Edad Media a las crisis del Euro

Una Historia Económica. Europa desde la Edad Media a las crisis del Euro. Vera Zamagni Barcelona, Editorial Crítica, 2016 ISBN: 9788416771042 359 páginas Precio: 23,90 €

The Evolution of Money

The Evolution of Money Roman Chlupaty y David Orrell Columbia University Press, 2016 ISBN: 978-0-231-17372-8 320 páginas Precio: 39.20 €

Paths toward the Modern Fiscal State

Wenkai He Paths toward the Modern Fiscal State Cambridge (Estados Unidos), Harvard University Press, 2013 ISBN: 9780674072787 Páginas: 306 Precio: 57,82 €

Housing and Mortgage Markets in Historical Perspective

Eugene N. White, Kenneth Snowden, and Price Fishback, editors Chicago: University of Chicago Press, 2014 ISBN: 978-0-226-07384-2 Páginas: ix + 397 Precio: $ 110

The Summit

The Summit. Bretton Woods, 1944. J.M. Keynes and the reshaping of the global economy Ed Conway New York, Pegasus Publishers, 2014 ISBN:9781605986814 447 páginas 29,95 euros

Spanish Dollars and Sister Republics

Spanish Dollars and Sister Republics Tatiana Seijas y Jake Frederick Rowman & Littlefield, 2017 ISBN: 978-1-5381-0046-2 196 páginas Precio: 27,95 €