This collection of 20 studies deals with various aspects of banking, exchange rates, domestic and international financial policy, capital flows, and foreign trade in Europe in the years from 1918 to 1938. The essays are arranged in three parts. In the first, the major themes are set in a broad international context, and the experience of a large number of European countries and of the USA is brought to bear on the issues considered. Part II is devoted to comparative analyses of specific exchange‐rate policies in the 1920s and 1930s. In each of the chapters, the experience of two broadly compar ... More

This collection of 20 studies deals with various aspects of banking, exchange rates, domestic and international financial policy, capital flows, and foreign trade in Europe in the years from 1918 to 1938. The essays are arranged in three parts. In the first, the major themes are set in a broad international context, and the experience of a large number of European countries and of the USA is brought to bear on the issues considered. Part II is devoted to comparative analyses of specific exchange‐rate policies in the 1920s and 1930s. In each of the chapters, the experience of two broadly comparable countries is examined to throw further light on the causes and consequences of the decisions to change or to defend the prevailing parities. In Part III, the focus narrows again to examine the inter‐war economic history of the banking system in 12 individual countries from all parts of Europe.