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Featuring an interdisciplinary and international group of scholars, Tumultuous Decade examines Japanese domestic and foreign affairs between 1931 and 1941.
The extreme protectionism that contributed to a collapse of world trade in the 1930s is examined in light of the recent economic crisis. The recent economic crisis—with the plunge in the stock market, numerous bank failures and widespread financial distress, declining output and rising unemployment—has been reminiscent of the Great Depression. The Depression of the 1930s was marked by the spread of protectionist trade policies, which contributed to a collapse in world trade. Although policymakers today claim that they will resist the protectionist temptation, recessions are breeding grounds for economic nationalism, and countries may yet consider imposing higher trade barriers. In Trade Policy Disaster, Douglas Irwin examines what we know about trade policy during the traumatic decade of the 1930s and considers what we can learn from the policy missteps of the time. Irwin argues that the extreme protectionism of the 1930s emerged as a consequence of policymakers' reluctance to abandon the gold standard and allow their currencies to depreciate. By ruling out exchange rate changes as an adjustment mechanism, policymakers turned instead to higher tariffs and other means of restricting imports. He offers a clear and concise exposition of such topics as the effect of higher trade barriers on the implosion of world trade; the impact of the Smoot-Hawley tariff of 1930; the reasons some countries adopted draconian trade restrictions (including exchange controls and import quotas) but others did not; the effect of preferential trade arrangements and bilateral clearing agreements on the multilateral system of world trade; and lessons for avoiding future trade wars.
Decentering the traditional narrative of American breadlines, Soviet show trials and German fascists, The Global 1930s takes a truly international approach to exploring this turbulent decade. Though nationalism was prevalent throughout this period, Matera and Kent contend that the 1930s are better characterized by the development of internationalist impulses and transnational connections, and this volume illlustrates how the familiar events of this decade shaped and were shaped by a much wider global context. Thematically organized, this book is divided into four main parts, covering the evolving concept and trappings of modernism, growing political and cultural internationalism, the global economic crisis and challenges to liberalism. Chapters discuss topics such as the rivalry between imperial powers, colonial migration and race relations, rising anti-colonial sentiments, feminism and gender dynamics around the world, the Great Depression and its far-reaching repercussions, the spread of both communist and fascist political ideologies and the descent once more into global warfare. This book deftly interrogates the western-focused historical tropes of the interwar years, emphasizing the importance and interconnectedness of events in Asia, Africa and Latin America. Wide-ranging and comprehensive, it is essential and fascinating reading for all students of the international history of the 1930s.
In this impressive book, Barbara Keys offers the first major study of the political and cultural ramifications of international sports competitions in the decades before World War II. Focusing on the United States, Nazi Germany, and the Soviet Union, she examines the transformation of events like the Olympic Games and the World Cup from relatively small-scale events to the expensive, political, globally popular extravaganzas familiar to us today.
Cover -- Title -- Copyright -- Contents -- Acknowledgments -- Introduction: the Wilsonian moment betrayed, 1919-1929 -- Part I Primitive modern -- 1 '30s modern -- Part II Internationalism -- 2 Imperial internationalisms -- 3 Anti-colonial internationalisms -- Part III International crisis -- 4 The Great Depression -- 5 Revolts -- Part IV International challenges to liberalism -- 6 Global communism -- 7 Global fascism -- Conclusion: the road to war -- Index
Introduction: Birth of a Public -- President in the Maelstrom: FDR as Public Opinion Theorist -- Twisted Populism: Pollsters and Delusions of Citizenship -- A Consuming Public: The Strange and Magnificent New York World's Fair -- Radio Embraces Race and Immigration, Awkwardly -- Interlude: A Depression Needn't Be So Depressing -- Public Opinion and Its Problems: Some Ways Forward.
The Global Great Depression and the Coming of World War II demonstrates the ways in which the economic crisis of the late 1920s and early 1930s helped to cause and shape the course of the Second World War. Historian John E. Moser points to the essential uniformity in the way in which the world s industrialized and industrializing nations responded to the challenge of the Depression. Among these nations, there was a move away from legislative deliberation and toward executive authority; away from free trade and toward the creation of regional trading blocs; away from the international gold standard and toward managed national currencies; away from chaotic individual liberty and toward rational regimentation; in other words, away from classical liberalism and toward some combination of corporatism, nationalism, and militarism.For all the similarities, however, there was still a great divide between two different general approaches to the economic crisis. Those countries that enjoyed easy, unchallenged access to resources and markets the United States, Great Britain, the Soviet Union, and France tended to turn inward, erecting tariff walls and promoting domestic recovery at the expense of the international order. On the other hand, those nations that lacked such access Germany and Japan sought to take the necessary resources and markets by force. The interplay of these powers, then, constituted the dynamic of international relations of the 1930s: have-nots attempting to achieve self-sufficiency through aggressive means, challenging haves that were too distrustful of one another, and too preoccupied with their own domestic affairs, to work cooperatively in an effort to stop them.
This bold re-examination of the history of U.S. economic growth is built around a novel claim, that productive capacity grew dramatically across the Depression years (1929-1941) and that this advance provided the foundation for the economic and military success of the United States during the Second World War as well as for the golden age (1948-1973) that followed.Alexander J. Field takes a fresh look at growth data and concludes that, behind a backdrop of double-digit unemployment, the 1930s actually experienced very high rates of technological and organizational innovation, fueled by the maturing of a privately funded research and development system and the government-funded build-out of the country's surface road infrastructure. This significant new volume in the Yale Series in Economic and Financial History invites new discussion of the causes and consequences of productivity growth over the last century and a half and on our current prospects.
Discusses the political, economic, and cultural life of the United States in the troubled 1930s, focusing on the Depression, the Dust Bowl phenomenon, formation of labor unions, the rise of organized crime, and the Golden Age of radio.
This book reconsiders the nature and formation of Asia's economic order during the 1930s and 1950s in light of the new historiographical developments in Britain and Japan. Recently several Japanese economic historians have offered a new perspective on Asian history, arguing that economic growth was fuelled by the phenomenon of intra-Asian trade which began to grow rapidly around the turn of the 19th-20th centuries. On the other side, British imperial historians, P.J. Cain and A.G. Hopkins, have presented their own interpretation of 'gentlemanly capitalism', in which they emphasize the leading role of the service sector rather than that of British industry in assessing the nature of the British presence overseas. In order to assess and test these new perspectives, this volume addresses three key issues. The first is to reconsider the metropolitan-peripheral relationship in Asia, focusing particularly on the role of the sterling area and its implications for Asian economic development. The second is to examine the formation of inter-regional trade relations within Asia in the 1930s and their revival and transformation in the 1950s. The final issue is the comparison of the international order of Asia of the 1930s with the 1950s, and the degree to which the Second World War represented a break-point in Asia's economic development. Dealing with issues of trade, economy, nationalism and imperialism, this book provides fresh insights into the development of Asia during the mid-twentieth century. Drawing on the latest scholarship it will prove invaluable to all who wish to better understand the position of countries such as Japan, China, India, Singapore, Malaysia and Korea within the wider international order.