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Austrian Reconstruction & Collapse of Global Finance, 1921-1931 by Nathan Marcus
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Austrian Reconstruction & Collapse of Global Finance, 1921-1931 by Nathan Marcus
US $10.20US $10.20
Aug 22, 22:48Aug 22, 22:48
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Austrian Reconstruction & Collapse of Global Finance, 1921-1931 by Nathan Marcus

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ApproximatelyRM 43.12
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Condition:
Very Good
In very good used condition with normal light wear (see photos)
Ended: Aug 22, 2025 22:48:02 MYT
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    eBay item number:317192997301

    Item specifics

    Condition
    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. See all condition definitionsopens in a new window or tab
    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
    Author
    Nathan Marcus
    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

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