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Preparing for war in an interdependent world: German financial preparations before 1914
Author(s) -
Mulligan William
Publication year - 2019
Publication title -
history compass
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.121
H-Index - 1
ISSN - 1478-0542
DOI - 10.1111/hic3.12574
Subject(s) - german , interdependence , world war ii , government (linguistics) , spanish civil war , financial crisis , first world war , political science , economic history , financial system , economics , history , keynesian economics , law , ancient history , philosophy , linguistics , archaeology
This article examines German financial preparations for war. In the economically integrated world of Europe before 1914, war threatened to bring about a collapse in credit structures, undermining the war effort. States considered a range of measures to buttress confidence in credit and financial systems. In particular, this article focuses on the financial consequences of a war panic in the Moroccan crisis of 1911 and the German government's response to it.