Overview

World War I left in its wake an unparalleled amount of international debt. Within a period of 5 years a larger sum of international obligations existed than had been built up by ordinary processes during the whole of the preceding century. These debts were, moreover, inter-governmental in character and resulted almost wholly from the destructive processes of war. At the end of the war there was surprisingly little realization in the world of the all-pervasive and far-reaching political and economic implications of the war debts. Originally published in 1927, this book discusses the amount and origin of each of the debts; the nature of the various negotiated settlements; the changes in national policies which occurred and the issues which remained unresolved at the time of publication.

Full Product Details

9781032948898

Table of Contents

Reviews

Original review of The French Debt Problem: ‘It is really a comprehensive survey of the economic position and economic life of France in all its more important aspects and contains compilations of valuable material hitherto inaccessible to most American students.’ James W. Angell, Journal of Political Economy Vol. 34, No. 2 (1926)

Author Information

Harold G. Moulton (1883-1965) was an American economist and Fellow of the Brookings Institution. Leo Pasvolsky (1893-1953) was an economist and special assistant to Secretary of State Cordell Hull.

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