FINANCING THE FIRST WORLD WAR by Sir Hew Strachan ( 9780199257270 )

Item Details

Title:

FINANCING THE FIRST WORLD WAR

By:

Format:

Paperback

List price:	£23.99
We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10:

0199257272

ISBN 13:

9780199257270

Publisher:

OXFORD UNIVERSITY PRESS

Pub. date:

14 October, 2004

Series:

The First World War

Pages:

210

Description:

To Arms is Hew Strachan's most complete and definitive study of the opening of the First World War. Now, key sections from this magisterial work are published as individual paperbacks, each complete in itself, and with a new introduction by the author. The First World War was costly in treasure as well as lives. Before its outbreak many commentators reckoned that the great powers could not afford to fight or that economic dislocation would bring war to a rapid close. They were wrong. Ways were found to fund the fighting that went beyond conventional devices like taxation or domestic borrowing. Britain managed to raise much of the money which it and its allies needed in the United States, so implicating America in the war long before itsformal entry in April 1917. This is the first full history of how the war was financed. It resulted in hyper-inflation in the 1920s and, in due course, in New York's displacement of London as the world's money market. Its effects are still with us today.

Synopsis:

To Arms is Hew Strachan's most complete and definitive study of the opening of the First World War. Now, key sections from this magisterial work are published as individual paperbacks, each complete in itself, and with a new introduction by the author. The First World War was costly in treasure as well as lives. Before its outbreak many commentators reckoned that the great powers could not afford to fight or that economic dislocation would bring war to a rapid close. They were wrong. Ways were found to fund the fighting that went beyond conventional devices like taxation or domestic borrowing. Britain managed to raise much of the money which it and its allies needed in the United States, so implicating America in the war long before its formal entry in April 1917. This is the first full history of how the war was financed. It resulted in hyper-inflation in the 1920s and, in due course, in New York's displacement of London as the world's money market. Its effects are still with us today.

Publication:

Imprint:

Oxford University Press

Returns:

Non-returnable

Some other items by this author:

ARMS, ECONOMICS AND BRITISH STRATEGY (HB)

BENEATH TROUBLED SKIES (PB)

BIG WARS AND SMALL WARS