Book contents
- Keynes’s Economic Consequences of the Peace after 100 Years
- Keynes’s Economic Consequences of the Peace after 100 Years
- Copyright page
- Contents
- Plates
- Figures
- Tables
- Contributors
- Preface
- Acknowledgements
- 1 Lessons of Keynes’s Economic Consequences in a Turbulent Century
- 2 The Making of a Classic: Keynes and the Origins of The Economic Consequences of the Peace
- 3 Keynes’s Economic Consequences (1919)
- 4 “Too Bad to Be True”: Swedish Economists on Keynes’s The Economic Consequences of the Peace and German Reparations, 1919–29
- 5 Revisionism as Intellectual-Political Vindication, or the French Receptions of Consequences after the Two World Wars (1919–1946)
- 6 Between Cambridge, Paris, and Amsterdam
- 7 Keynes, the Transfer Problem, and Reparations
- 8 The Speculative Consequences of the Peace
- 9 Why Was Keynes Opposed to Reparations and a Carthaginian Peace?
- 10 One Case Where The Economic Consequences of the Peace Mattered
- 11 Keynes and International Trade Politics after the First World War
- 12 Gold, International Monetary Cooperation, and the Tripartite Agreement of 1936
- 13 Exchange Rates, Tariffs and Prices in 1930s Britain
- 14 “Unusual, Unstable, Complicated, Unreliable and Temporary”: Reinterpreting the Ebb and Flow of Globalization
- 15 Keynes’s Arc of Discovery
- 16 Keynes, The Economic Consequences of the Peace, and Popular Perceptions of the First World War
- Index
- Plate Section (PDF Only)
- References
11 - Keynes and International Trade Politics after the First World War
Published online by Cambridge University Press: 14 December 2023
Book contents
- Keynes’s Economic Consequences of the Peace after 100 Years
- Keynes’s Economic Consequences of the Peace after 100 Years
- Copyright page
- Contents
- Plates
- Figures
- Tables
- Contributors
- Preface
- Acknowledgements
- 1 Lessons of Keynes’s Economic Consequences in a Turbulent Century
- 2 The Making of a Classic: Keynes and the Origins of The Economic Consequences of the Peace
- 3 Keynes’s Economic Consequences (1919)
- 4 “Too Bad to Be True”: Swedish Economists on Keynes’s The Economic Consequences of the Peace and German Reparations, 1919–29
- 5 Revisionism as Intellectual-Political Vindication, or the French Receptions of Consequences after the Two World Wars (1919–1946)
- 6 Between Cambridge, Paris, and Amsterdam
- 7 Keynes, the Transfer Problem, and Reparations
- 8 The Speculative Consequences of the Peace
- 9 Why Was Keynes Opposed to Reparations and a Carthaginian Peace?
- 10 One Case Where The Economic Consequences of the Peace Mattered
- 11 Keynes and International Trade Politics after the First World War
- 12 Gold, International Monetary Cooperation, and the Tripartite Agreement of 1936
- 13 Exchange Rates, Tariffs and Prices in 1930s Britain
- 14 “Unusual, Unstable, Complicated, Unreliable and Temporary”: Reinterpreting the Ebb and Flow of Globalization
- 15 Keynes’s Arc of Discovery
- 16 Keynes, The Economic Consequences of the Peace, and Popular Perceptions of the First World War
- Index
- Plate Section (PDF Only)
- References
Summary
This chapter discusses Keynes’s Economic Consequences of the Peace as a matrix for understanding the changing institutional landscape of international trade. In 1919, Keynes highlighted the perils of German participation and US non-participation in international politics, twin problems that continued to frame trade debates in the League of Nations for the remainder of the 1920s. Generally, German leaders supported the construction of an open and regulated world economy. Many internationalists were eager to lock Germany into a system of multilateral norms but also feared that integrating Germany into global markets would reinforce its dominance in key strategic sectors. In contrast, the United States remained aloof from League trade negotiations in the 1920s. Europeans were divided over whether to respond with universal trade rules that the United States might eventually be persuaded to follow or with a regionalist approach that would enable Europeans to negotiate directly with their Atlantic neighbour on a more equal footing. As Keynes saw clearly, both sets of concerns were exacerbated by the financial imbalances stemming from war debts and reparations.
- Type
- Chapter
- Information
- Keynes's Economic Consequences of the Peace after 100 YearsPolemics and Policy, pp. 280 - 299Publisher: Cambridge University PressPrint publication year: 2024
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