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The Economic Consequences of the Peace

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The book explores the complexities of reparations imposed on Germany after World War I, detailing the financial demands totaling $15 billion, including immediate cash payments and bearer bonds. It highlights the challenges faced by the Reparation Commission in managing these payments, particularly the inefficiencies of bureaucratic control over Germany's foreign trade. The author argues that the discretionary powers granted to the Commission may not alleviate the economic strain on Germany, as the required funds are unlikely to be generated within the stipulated timeframe.

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The Economic Consequences of the Peace, John Maynard Keynes

Language
Released
2013
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Language
English
Released
2013
Format
Paperback
Pages
70
ISBN13
9781770454613
Series
Original title
The economic consequences of the peace
Rating
3.55 out of 5
Description
The book explores the complexities of reparations imposed on Germany after World War I, detailing the financial demands totaling $15 billion, including immediate cash payments and bearer bonds. It highlights the challenges faced by the Reparation Commission in managing these payments, particularly the inefficiencies of bureaucratic control over Germany's foreign trade. The author argues that the discretionary powers granted to the Commission may not alleviate the economic strain on Germany, as the required funds are unlikely to be generated within the stipulated timeframe.