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Who Adjusts?

Domestic Sources of Foreign Economic Policy during the Interwar Years

Beth A. Simmons

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Princeton University Press img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Politikwissenschaft

Beschreibung

In this work Beth Simmons presents a fresh view of why governments decided to abide by or defect from the gold standard during the 1920s and 1930s. Previous studies of the spread of the Great Depression have emphasized "tit-for-tat" currency and tariff manipulation and a subsequent cycle of destructive competition. Simmons, on the other hand, analyzes the influence of domestic politics on national responses to the international economy. In so doing, she powerfully confirms that different political regimes choose different economic adjustment strategies.

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Schlagwörter

Net national product, International trade, Czechoslovakia, Market (economics), Harvard University, Trade-off, Balance of payments, Shareholder, Balance of trade, Unemployment, Debt, Macroeconomics, Hegemonic stability theory, Business cycle, Capital outflow, Deflation, Fiat money, Policy mix, Fiscal policy, At Best, Foreign policy of the United States, International political economy, Bank rate, Monetary authority, Financial crisis, Industrial policy, Policy, Investment, Depreciation, Economic power, Export, Exchange rate, Devaluation, Economic policy, Employment, World economy, Gold standard, Probability, Inflation, Money, Protectionism, Welfare, Capital flight, International relations, Political economy, Tariff, Value (economics), Barry Eichengreen, Capital control, Failed state, Budget, Economy, Tax, Economics, Liquid capital, Current account, Labor unrest, Credibility, Interest rate, Politics, Centre-right politics, Monetary policy, Developed country, Central bank, Currency, French franc, Recession, Creditor, Defection, Free trade