Author Description

Review "In less than 200 pages there is more meat packed in here about hegemony and the use and abuse of power than in tomes and tomes of conventional American scholarship." --The Economist"... essential reading for all scholars with an interest in the inter-war economy."--The Economic Journal Product Description Among specialists, this book has long been regarded as one of the most important and insightful studies of the world economy in the decade prior to its catastrophic collapse in the early 1930s. Starting with an analysis of the `Versailles` and `Washington` systems, Ziebura examines the conditions and contradictions of the mid-1920s stabilisation policy. The US is seen to have acted as a hinge between the two systems, and the political significance of the Great Depression can therefore be seen to lie in the collapse of this American `hinge` role.