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End of French Predominance in Europe: Financial Crisis of 1924 and the Adoption of the Dawes Plan

Author: Stephen A. Schuker
Publisher: The University of North Carolina Press
Category: Book

Buy Used: $10.98
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New (1) Used (13) from $10.98

Seller: book_holders
Rating: 5.0 out of 5 stars 3 reviews
Sales Rank: 3,486,182

Media: Hardcover
Edition: 1st edition,
Pages: 459

ISBN: 0807812536
EAN: 9780807812532
ASIN: 0807812536

Publication Date: December 1976
Availability: Usually ships in 1-2 business days

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  • Paperback - The End of French Predominance in Europe: The Financial Crisis of 1924 and the Adoption of the Dawes Plan
  • Hardcover - The End of French Predominance in Europe: The Financial Crisis of 1924 and the Adoption of the Dawes Plan
  • Paperback - The End of French Predominance in Europe: The Financial Crisis of 1924 and the Adoption of the Dawes Plan

Customer Reviews:
5 out of 5 stars They Hired the Money Didn't They?   August 21, 2005
Howard J. Herskovitz
5 out of 5 found this review helpful

This is a first-rate book about France's troubles in the inter-war years. After World War I, France, although revaged by war, was the leading power in Europe. By the end of the 1920's, this predominance was gone and, with it, France's freedom of action in foreign affairs. The cause of all this was French money problems. France financed the war primarily through borrowing and expected to solve its problems with reparations payments from Germany. The French were not eager to put their financial house in order with new taxes. Germany had no intention of paying any reparations unless forced to do so. The United States, meanwhile, demanded that France pay its substantial war debts. The British considered French efforts to get Germany to pay vindictive. The end results of France's financial plight were, first, serious inflation in France which could be arrested only through U.S. and British financial intervention and, second, an overvalued Franc which caused problems in the 1930's. France's financial fate was now tied to unsympathetic outsiders. This loss of financial independence had foreign policy repercussions.

This rather arcane story is made almost simple by the author. While much of this work deals with financial history, the human element is not ignored. Particularly interesting is the discussion of the general ignorance of economics among French politicians. Also intriguing is the author's view that Herriot's slapdash operating methods hurt the French cause. This is a must-read for students of 20th Century French history.



5 out of 5 stars Scholarship Extrodinare   September 26, 2001
Douglas V. Smith (Portsmouth, Rhode Island United States)
4 out of 4 found this review helpful

Steven Schuker's work is considered by many in the academic field as perhaps the most well researched and scholarly work in diplomatic history in recent memory. This book is a must for anyone who really wants to understand why the Paris Peace Process failed after the First World War, and why France was so ill-prepared for World War II. The End of French Predominance in Europe also provides great insight into France's situation in European politics, both in the inter-war period and today. This is a must read for any serious scholar of modern diplomatic or military history.


5 out of 5 stars Scholarship Extrodinare   September 26, 2001
Douglas V. Smith (Portsmouth, Rhode Island United States)
1 out of 1 found this review helpful

Steven Schuker's work is considered by many in the academic field as perhaps the most well researched and scholarly work in diplomatic history in recent memory. This book is a must for anyone who really wants to understand why the Paris Peace Process failed after the First World War, and why France was so ill-prepared for World War II. The End of French Predominance in Europe also provides great insight into France's situation in European politics, both in the inter-war period and today. This is a must read for any serious scholar of modern diplomatic or military history.

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