• DOI:10.1093/OXREP/GRQ022
Corpus ID: 29504192

Europe's Great Depression: Coordination Failure after the First World War

@article{Wolf2010EuropesGD,
  title={Europe's Great Depression: Coordination Failure after the First World War},
  author={N. Wolf},
  journal={European Economics: Macroeconomics & Monetary Economics eJournal},
  year={2010}
}

• N. Wolf
• Published 2010
• Economics
• European Economics: Macroeconomics & Monetary Economics eJournal

In this paper I survey and reinterpret the extensive literature on Europe's Great Depression. I argue that Europe could not exploit her vast economic potential after 1918, because the war had not yet come to an end - indeed it did not end before 1945. Both, domestic and international institutions suffered from a lack of reciprocal trust and commitment, which can be clearly illustrated in the realm of monetary policy but affected many other areas of policymaking, such as energy or migration… Expand

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