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Austrian Reconstruction & Collapse of Global Finance, 1921-1931 by Nathan Marcus
US $10.20
ApproximatelyRM 43.10
or Best Offer
Was US $17.00 (40% off)
Condition:
“In very good used condition with normal light wear (see photos)”
Very Good
A book that has been read but is in excellent condition. No obvious damage to the cover, with the dust jacket included for hard covers. No missing or damaged pages, no creases or tears, and no underlining/highlighting of text or writing in the margins. May be very minimal identifying marks on the inside cover. Very minimal wear and tear.
Sale ends in: 3d 19h
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Shipping:
US $5.97 (approx RM 25.23) USPS Media MailTM.
Located in: Audubon, New Jersey, United States
Delivery:
Estimated between Tue, 26 Aug and Tue, 2 Sep to 94104
Returns:
30 days return. Seller pays for return shipping.
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eBay item number:317192997301
Item specifics
- Condition
- Very Good
- Seller Notes
- “In very good used condition with normal light wear (see photos)”
- ISBN
- 9780674088924
About this product
Product Identifiers
Publisher
Harvard University Press
ISBN-10
0674088921
ISBN-13
9780674088924
eBay Product ID (ePID)
237453775
Product Key Features
Book Title
Austrian Reconstruction and the Collapse of Global Finance, 1921-1931
Number of Pages
560 Pages
Language
English
Topic
Europe / Austria & Hungary, Economic History, Modern / 20th Century, Economic Conditions, World / European, International Relations / General, Money & Monetary Policy
Publication Year
2018
Illustrator
Yes
Genre
Political Science, Business & Economics, History
Format
Hardcover
Dimensions
Item Height
0.2 in
Item Weight
20 oz
Item Length
0.9 in
Item Width
0.6 in
Additional Product Features
LCCN
2017-018928
Dewey Edition
23
Dewey Decimal
330.9436/0511
Synopsis
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., 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., Although some statesmen and historians have pinned Austria's--and the world's--interwar economic implosion on financial colonialism, in this corrective history Nathan Marcus deemphasizes the negative role of external players and points to the greater impact of domestic malfeasance and predatory speculation on Austrian political and financial decline.
LC Classification Number
HB3722.M33655 2018
Item description from the seller
Seller feedback (13,121)
- n***t (2258)- Feedback left by buyer.Past monthVerified purchaseFast shipping and packaged well. Love the color and great quality. Thank you for a smooth and pleasant transaction A+++
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Seller feedback (13,121)
- n***t (2258)- Feedback left by buyer.Past monthVerified purchaseFast shipping and packaged well. Love the color and great quality. Thank you for a smooth and pleasant transaction A+++
- z***e (116)- Feedback left by buyer.Past monthVerified purchaseThank You A+++++
- r***r (534)- Feedback left by buyer.Past monthVerified purchaseGreat seller. Thank you!