This study of the world economy, translated into English, looks at the decade prior to its catastrophic collapse in the early 1930s. The Versailles and Washington systems are analyzed, and the conditions and contradictions of the mid-1920s stabilization policy are also examined. The Depression, which the author believes was largely the result of the collapse of the American hinge role between the two systems, is examined for its political significance, which included leaving the way clear for Nazi Germany and Japan to build ...
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This study of the world economy, translated into English, looks at the decade prior to its catastrophic collapse in the early 1930s. The Versailles and Washington systems are analyzed, and the conditions and contradictions of the mid-1920s stabilization policy are also examined. The Depression, which the author believes was largely the result of the collapse of the American hinge role between the two systems, is examined for its political significance, which included leaving the way clear for Nazi Germany and Japan to build empires and smash the international economy altogether.
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