The Economics of World War II by Mark Harrison download in pdf, ePub, iPad
As much of German manufacturing was dependent on coal and metal, the loss of these industries created a negative economic shock leading to a severe contraction. Using maps of within-country regions for each month during the war, we documented whether armies engaged in battle in that place at that time. This paper is divided into six sections. Delivered twice a week, straight to your inbox. There simply are no micro economic panel data in either the United States or in Europe that have prospectively tracked people for that long a time period.
Those are questions for a different book. In Japan, the war brought a steady increase in government controls on the economy, with an emphasis on heavy industrialization.
Appendix Table A provides a parallel list of variables constructed from external data sources with a documentation of the source that was used. The Bottom Line Despite noble aspirations for peace, the outcome of the Paris Peace Conference did more to reinforce hostility by singling out Germany as the sole instigator of the First World War. One aim of the paper is to illustrate how such retrospective life data can further our understanding of effects of early-life conditions as affected by large external shocks, such as a war. Such military force required extensive rearmament and thus, in the case of Germany, meant direct violation of the Versailles Treaty. The political consequences would be devastating as many people became distrustful of the Weimar government, a government that had been founded on liberal-democratic principles.
But, rearmament also reinforced the need for more raw materials and consequently the need for territorial expansion. While such trade policies can be beneficial on an individual level, if every country turns to protectionism it serves to reduce international trade and the economic benefits that come with it. The overall cost of the war and the damage done to the Italian economy were relatively slight.
But wartime investment in heavy industry laid the basis for the post-war expansion in manufacturing. We construct such measures from external data sources. Periods of hunger became more common even in relatively prosperous Western Europe. This information is used to aid in dating of all other events. The final section highlights our main conclusions.
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