We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Remilitarization and the End of the Gold Bloc in 1936.
- Authors
Hallwood, Paul; MacDonald, Ronald; Marsh, Ian
- Abstract
We juxtapose two hypotheses as to what destroyed the gold bloc in September 1936: the external inconsistency hypothesis-internationally uncompetitive gold bloc price-levels; versus increasing concerns for France's national security caused by a remilitarizing Germany-the internal (to-the-gold-bloc) inconsistency hypothesis based on a greater military threat against France than neutral Switzerland and Netherlands. The hypotheses are not mutually exclusive, but support is found for the internal inconsistency hypothesis as the trigger for the French devaluation.
- Subjects
FRANCE; REMILITARIZATION; HYPOTHESIS; INCONSISTENCY (Logic); PRICE levels; NATIONAL security; DEVALUATION of currency
- Publication
De Economist (0013-063X), 2011, Vol 159, Issue 3, p305
- ISSN
0013-063X
- Publication type
Article
- DOI
10.1007/s10645-011-9160-y