Lessons from the financial preparations in the lead-up to the first world war

Harold James, 9 July 2014

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The 1907 panic emanated from the US but affected the rest of the world and demonstrated the fragility of the whole international financial order. The aftermath of the 1907 crash drove the then hegemonic power – Great Britain – to reflect on how it could use its financial power.

Topics: Economic history
Tags: Germany, Great Britain, US, WWI

August 1914 and the end of unrestricted mass migration

Drew Keeling, 23 June 2014

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The war declarations of August 1914 spelled far-reaching alteration to the fundamental character of modern long-distance international mass migration. For most of the preceding century, in the majority of big economies international human relocation had been largely peaceful, voluntary, and motivated by market incentives.

Topics: Migration
Tags: migration policies changes, WWI

Four myths about the Great War of 1914-1918

Mark Harrison, 3 June 2014

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As its centennial approaches, the events of the Great War have worldwide resonance. Most obviously, is China the Germany of today? Will China’s rise, unlike Germany’s, remain peaceful? The journalist Gideon Rachman wrote last year (Financial Times, February 4, 2013):

Topics: Economic history, Europe's nations and regions
Tags: Germany, reparations, Versailles treaty, WWI

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