The paper reexamines and discusses the causes of the failure of the French economic missions to implement a sound monetary and financial system in Romania between 1928 and 1933. Banque de France Deputy Governor Charles Rist, also professor of Economics at La Sorbonne University, was the leading...

The paper offers a general overview of the situation and examines the actual impact of foreign capital on the economy of the Kingdom of Yugoslavia in general, and the Serbian economy in particular, during the entire interwar period. Special attention is paid to the methods in which banks in...

Much has already been written about the 1931 German banking crisis, hence this article will focus on two less frequently addressed aspects. With respect to the question of the direct cause of the crisis and of the run which occurred on 13 July, pertinent developments in the area of gold and...

How do financial systems affect economic growth? How effective were international financial flows in promoting economic development in Southeast Europe in the Interwar Period? A large literature argues that financial systems evaluate prospective entrepreneurs, mobilize savings to finance the...

Nearly eighty years ago, the Great Depression had a powerful impact not only on the world economy, but also on the social and political structures at international level by establishing new economic rules and relations, novel ideologies, and a different line of thinking. In Romania, the crisis...