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A transnational survey of the economic development of Europe, exploring why some regions advanced and some stayed behind.
This monograph presents an in-depth analysis of Belgium's monetary and financial history during the Second World War. Exploring Belgium's financial and business links with Germany, France, The Netherlands, Great Britain, the United States, and the Grand Duchy of Luxembourg, the study focuses on the roles played by the Central Bank and private bankers in Brussels, by the Belgian government in exile in London, and by the Belgian minister plenipotentiary in New York. Among the subjects arising are: German attempts to plunder Belgium and Belgian resistance strategies; the peripeteia of the Belgian gold reserve; the role of the Belgian Congo; Belgium's participation in the discussions leading up to the Bretton Woods conference; and the negotiations for creating a Customs Union, blueprint for the 1958 Treaty of Rome. The final part of the book analyzes the famous monetary reform devised by Belgian Minister of Finance Camille Gutt at the liberation of the country in September 1944.
What were the consequences of the German occupation for the economy of occupied Europe? After Germany conquered major parts of the European continent, it was faced with a choice between plundering the suppressed countries and using their economies to supply its needs. The choices made not only differed from country to country, but also changed over the course of the war. Individual leaders; the economic needs of the Reich; the military situation; struggles between governors of occupied countries and Berlin officials; and finally racism, all had an impact on the outcome. In some countries the emphasis was placed on production for German warfare, which kept these economies functioning. New research, presented for the first time in this book, shows that as a consequence the economic setback in these areas was limited, and therefore post-war recovery was relatively easy. However, in other countries, plundering was more characteristic, resulting in partisan activity, a collapse of normal society and a dramatic destruction not only of the economy but in some countries of a substantial proportion of the labour force. In these countries, post-war recovery was almost impossible.
This book gives a detailed account of how two major Austrian banks profited from their service to the Nazi regime.
In this book, Michael F. Palo explains how a historical and theoretical examination of Belgian neutrality, 1839-1940, can help readers understand the behaviour of small/weak democracies in the international system.
Though in its infancy, the European enterprise has the power to change both the perception and the actual face of Europe. This book evaluates the future potential of this new type of enterprise. The contributors look for European convergence at all levels of the economy: firm, branch, state, and EU. They stress various points of view, using diverse methods, and propose different measures.
Explains the extent, necessity and importance of black-market activity in France during the Second World War.
Paying for Hitler's War is a comparative economic study of twelve Nazi-occupied countries during World War II.
A sweeping look at the evolution of commercial banks over the past two centuries Commercial banks are among the oldest and most familiar financial institutions. When they work well, we hardly notice; when they do not, we rail against them. What are the historical forces that have shaped the modern banking system? In Unsettled Account, Richard Grossman takes the first truly comparative look at the development of commercial banking systems over the past two centuries in Western Europe, the United States, Canada, Japan, and Australia. Grossman focuses on four major elements that have contributed to banking evolution: crises, bailouts, mergers, and regulations. He explores where banking crises c...
The authors in this collection of essays address the largely neglected but significant economic aspects of the national question in its historical context during the course of the twentieth century. There exists a large gap in our understanding of the historical relationship between the 'national question' and economic change. Above all, there is insufficient knowledge about the economic dimension of the historical experience with regard to the former multi-national states, such as the Soviet Union, Yugoslavia or Czechoslovakia; and equally too little is known about the economic component of national tensions and conflicts in bilingual Belgium or Finland, or the multilingual Spain or Switzerland. At the same time as emphasis is placed on the complex relationships between the economy and society in individual European countries, questions of state, identity, language, religion and racism as instruments of economic furtherance are at the centre of the contributors' attention.