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Relaxing the External Constraint : Europe in the 1930s
Eichengreen, Barry - 2011
This paper documents the effects of exchange rates and the external constraint during the interwar years. In the absence of international policy coordination, exchange rate depreciation is shown to have been a necessary precondition for the adoption of policies promoting recovery from the Great...
Persistent link: https://www.econbiz.de/10013125958
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The Mother of All Sudden Stops : Capital Flows and Reversals in Europe, 1919-32
Accominotti, Olivier - 2013
financial centers at the end of the 1920s figured importantly in the decline in foreign lending. We draw parallels with Europe …
Persistent link: https://www.econbiz.de/10013073942
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The Marshall Plan : History'S Most Successful Structural Adjustment Program
DeLong, J. Bradford; Eichengreen, Barry - 2021
The post-World War II reconstruction of Western Europe was one of the greatest economic policy and foreign policy … that transferred some $13 billion to Europe in the years 1948-51. We examine the economic effects of the Marshall Plan, and … role in setting the stage for post-World War II Western Europe's rapid growth. The conditions attached to Marshall Plan aid …
Persistent link: https://www.econbiz.de/10013245112