World War I

Exploring the complex interplay between imperialism, diplomacy, and globalization that led to World War I's devastating outbreak.

The breakdown of free capital mobility during World War I and the interwar period led to a significant shift in global economic policies as countries imposed restrictions on trade, migration, and investment.

World War I devastated global finance with unprecedented losses due to inflation, currency fluctuations, default, and government spending.

Emergency measures during World War I included temporary market closures, moratoria on debt payments, emergency money issued by governments, and bailouts for vulnerable institutions, marking a significant expansion of government intervention in the economy.

A comprehensive analysis of the 1914 global financial crisis, triggered by World War I, and its far-reaching consequences on economies worldwide.

Explore the financial markets leading up to World War I and understand the impact of the assassination of Archduke Franz Ferdinand on global finance.

The pre-World War I era saw optimism about peace fueled by technological innovation and economic growth, but was shattered by the devastating consequences of large-scale war.

Explore the causes and consequences of the last age of globalization, which ended in the devastating outbreak of World War I.

The evolution of the welfare state from World War I to modern times, highlighting government intervention, social insurance, and public services.

Explore the complexities of the interwar economic crisis that led to the Great Depression in 1929.

Explore the causes and effects of hyperinflation in Europe during World War I and its lasting impact on economies.

Explore the causes, effects, and lasting impact of Germany's hyperinflation on society during 1923.

Learn about the 1923 German hyperinflation caused by domestic and international factors, including weak tax systems, public spending, reparations, and occupation.

Explore Germany's devastating economic crisis after WWI, caused by hyperinflation, state bankruptcy, and harsh reparations.

Discover how World War I governments used war bonds and central banks to finance their activities, with a focus on Germany's unique experiences and consequences.

War Finance and Hyperinflation during World War I: Causes, Consequences, and Lessons Learned

Explore the historical phenomenon of rentiers in 19th-century Europe who accumulated wealth through government bonds.