Jump to ContentJump to Main Navigation
The Lights that FailedEuropean International History 1919-1933$
Users without a subscription are not able to see the full content.

Zara Steiner

Print publication date: 2005

Print ISBN-13: 9780198221142

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198221142.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 16 October 2019

The Primacy of Economics: Reconstruction in Western Europe, 1919–1924

The Primacy of Economics: Reconstruction in Western Europe, 1919–1924

(p.182) 4: The Primacy of Economics: Reconstruction in Western Europe, 1919–1924
The Lights that Failed

Lord Bullock

William Deakin

Oxford University Press

Once the peace treaty was signed and the European leaders returned to their capitals, the most pressing problems they faced were financial and economic. The war had wrecked international finance and trade, it had distorted or destroyed productive enterprises, and non-European competitors had appeared in world markets who would be difficult to dislodge. The length and costs of the war meant that victors and vanquished alike were left with inflated money supplies, massive budgetary deficits, huge debts, and, in the case of most, collapsed or overstrained tax structures. The French, British, German, and, critically, the American positions were of central importance for the economic future of the continent as well as for the political balance of power. While the peace settlements cast a long shadow over Anglo-French relations, few anticipated that the long drawn-out struggle over German reparations would increasingly dominate European international relations during the early post-war years.

Keywords:   economic problems, financial problems, post-war years, Anglo-French relations, German reparations, international relations

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .