The Global Impact of the Great Depression, 1929-1939

By Dietmar Rothermund | Go to book overview

CONTENTS
Prefaceix
1 INTRODUCTION: ECONOMICS AND THE DEPRESSION 1
The depression as a challenge to economic doctrine1
Keynes and the theory of economic disequilibrium3
Neo-mercantilism or ‘beggar-thy-neighbour’6
A blind spot: the fate of the periphery10
The web of credit12
2 THE TRAGEDY OF THE INTERNATIONAL GOLD STANDARD 19
The Bank of England and the gold standard20
The defeat of bimetallism24
The return to the gold standard26
The instruments of monetary policy29
3 THE DILEMMA OF WAR DEBTS AND REPARATIONS 32
The dimensions of war debts and reparations32
The Dawes Plan: a precarious solution to the dilemma34
The pattern of political rivalries36
4 WORLD PRODUCTION OF AGRICULTURAL PRODUCE 38
The trends of production and the demographic transition38
Wheat production39
Rice production40
Scenario A: rubber, silk, coffee, tea and sugar42
Scenario B: cotton44
Debt service and the terms of trade46

-v-

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The Global Impact of the Great Depression, 1929-1939
Table of contents

Table of contents

  • Title Page iii
  • Contents v
  • Preface ix
  • 1 - Introduction 1
  • 2 - The Tragedy of the International Gold Standard 19
  • 3 - The Dilemma of War Debts and Reparations 32
  • 4 - World Production of Agricultural Produce 38
  • 5 - The Origin of the Depression in America 48
  • 6 - The Transmission of the Crisis to Europe 59
  • 3 - Turkey and Egypt 74
  • 8 - Australia’s Reaction 82
  • 9 - Colonial Crisis Management 87
  • 10 - The New Role of the State in Latin America 98
  • 11 - Contrasts in East Asia 110
  • 12 - Reactions to the Depression in Southeast Asia 120
  • 13 - The Fate of Africa 126
  • 14 - The Political Consequences of the Depression 136
  • 15 - From Depression to War 149
  • 16 - The Aftermath 156
  • Bibliographical Notes 164
  • Index 176
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