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This chapter examines the response of five prominent Swedish economists, David Davidson, Gustav Cassel, Eli Heckscher, Knut Wicksell and Bertil Ohlin, to John Maynard Keynes’s The Economic Consequences of the Peace and to the German reparations in the 1920s. When Keynes’s book appeared, Davidson and Cassel strongly endorsed it. Heckscher also agreed with Keynes in a long review entitled “Too Bad to Be True”. Inspired by his Malthusian view, Wicksell found the reparations feasible if only German population growth was arrested. The contacts between the Swedes and Keynes became close after Keynes’s book, in particular between Cassel and Keynes. The exchange of views took a new turn when Bertil Ohlin responded to an article by Keynes in The Economic Journal in 1929 on the transfer problem. The famous Keynes–Ohlin discussion laid the foundation for the analysis of the transfer problem, bringing Ohlin international recognition. We also trace how Davidson, Cassel and Heckscher changed their appreciation of Keynes in the 1930s with the publication of the General Theory while Ohlin viewed the message of Keynes in the 1930s as consistent with the policy views of the Stockholm school of economics.
The four years after World War I proved disastrous to the grand hotels of Berlin. There were threats from the left in the form of revolution, the January Uprising, and strikes, and there were threats from the right in the form of vandalism, looting, atrocity, and an unsuccessful coup d’état. Then there were the threats that originated neither on the right nor on the left: material and labor shortages, high crime, inflation, hyperinflation, and rising taxes. Between 1918 and 1923, hoteliers began blaming the left and the state for all these misfortunes – a tendency that pushed them into the camp of the anti-republican right, Weimar’s enemies. With the hyperinflation of 1923, an unmitigated disaster for Berlin’s grand hotels, that tendency became the rule. The republic, Berlin’s grand hoteliers had come to believe, was bad for business. Their efforts to manage the crisis of the postwar era, 1918–23, reveal the links between quotidian struggles and political decisions – decisions against the republic in favor of more authoritarian solutions to Germany’s problems.
Upholding international law was crucial for the line of reasoning of the Allied powers during the Great War. German aggression was confronted with ideas about the sanctity of treaties, about sovereign equality, or about the binding force of law governing the relations between nations as standard of civilisation. But what happened with these rationalisations after the armistice of 1918? Mostly dismissed as propaganda, meaningless once the guns fell silent, the lingering influence of those ideas on the Paris Peace Conference in 1919 is often under-appreciated. This chapter assesses how the Allied invocation of international law informed and influenced negotiations in Paris. It demonstrates different understandings of legal arguments and international norms among the delegates and why, or why not, these were seen as meaningful for the restructuring of the international order. Even if there was no coherent plan among the Allies to promote the codification of international law, the peace settlement was characterised by an inherent normativity. Three features stand out: the formalisation of international relations through the League of Nations, the stabilisation of the international order by means of defining borders and peoples, and the effort to legally sanction violations of international norms. These ideas mark the recasting of nineteenth-century ideas about the ’fabric of civilisation’ in the shape of a new international order based on legally responsible nations and overseen by the League
This chapter first explores in general the often forgotten contributions to the birth of international law study and practice in China by the Beiyang or “warlord” government, first dominated by the former Qing Viceroy Yuan Shikai. Some achievements of China’s first holders of international law degrees from elite foreign universities, which included arguments and publications that exerted an immediate and at times remarkable impact upon the international law field in the West, have been almost forgotten today.
This chapter examimes the acute crisis of the world war and its role in destabilizing the political balance in both cities and in the overthrow of both the Habsburg Monarchy and the German Empire (as well as its constituent state, the Bavarian Monarchy). It compares the revolutions and counterrevolutions and the violence that accompanied the political struggles in both cities.
This chapter opens the third section of the book on the aftermath of the war. It addresses the end of the war and its many legacies. It starts with the armistice, and then considers the discussion about enemy aliens during the peace conference; it also explores the treaties that ended the war and their consequences for aliens, citizenship and property rights. It continues with the signing of all the final treaties, the emptying of the concentration camps and the lifting of the provisions on foreign movements, the agreement that regulated restitution or liquidation of assets, and the final exchange of populations. The chapter covers the period up to the late 1920s and deals with the transition from the state of emergency to peace, the resumption of naturalization procedures, new rules on borders and migration, new citizenship regimes that emerged from the war in both victorious and defeated countries as well as in the new successor states, and mass denaturalization and statelessness as a consequence of the emergence of new political regimes (such as the Soviet Union) or population exchange. It investigates the impact of special legislation on alien and enemy aliens on policies of migration control and explores the debate among jurists about the many violations of the conventions and human rights and the failed attempts at writing a new convention on enemy aliens.
Peace treaties needed to be established that, on the one hand, would satisfy the war aims of the victors, but that, on the other, would also guarantee a long-lasting peace and prevent further wars, especially those of the magnitude of the war of 1914 to 1918. The Paris Peace Conference produced five peace treaties: with Germany, in Versailles; with Austria, in Saint-Germain-en-Laye; with Bulgaria, in Neuilly; with Hungary, at the Trianon; and with Turkey, in Sèvres. The First World War and the treaties create a greater re-orientation and a long-term potential for conflict in those areas that until 1918 had constituted the Ottoman Empire. The treaties were at least attempts to come to terms with the traumatic experience of the First World War, using the tools of diplomacy in the service of achieving strategic objectives.
The signing of the Treaty of Versailles, on 28 June 1919, in the Hall of Mirrors, represented a kind of apotheosis. It was followed by the Treaty of Saint-Germain-en-Laye with Austria, the Treaty of Neuilly-sur-Seine with Bulgaria, then the Treaty of Trianon with Hungary and the Treaty of Sèvres with Turkey, itself revised in the Treaty of Lausanne of 1923. The emissaries were Hermann Muller and Johannes Bell sign the Treaty of Versailles that would bring the First World War to an end. Several factors explain the violence of the post-war period, namely, the repercussions of the Russian Revolution in 1917 in Russia and other countries, and the frustrations born of defeat. The forced transfer of populations between Greece and Turkey, undertaken under the auspices of the League of Nations in 1923, was the most dramatic consequence of the ethnic violence that broke out inthe immediate post-war period.
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