| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13848 |
| DP13848 Funding the Great War and the beginning of the end for British hegemony | |
| Martin Ellison; Thomas Sargent; Andrew Scott | |
| 发表日期 | 2019-07-10 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Britain was the richest country in the world at the outbreak of the Great War, benefitting from all the resources of an industrialised country and a large empire. Funding the war contributed to the beginning of the end for British hegemony. Financiers in London extracted a high price for lending their money to the government to pay for the supplies and munitions needed to win the war. The US extracted a similarly high price for lending to Britain during the war. Russia never paid its war debts to Britain; France, Italy and Belgium got off lightly; but for a long time the US insisted on Britain repaying in full. |
| 主题 | Economic History ; Monetary Economics and Fluctuations |
| 关键词 | World war i National debt British hegemony |
| URL | https://cepr.org/publications/dp13848 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542724 |
| 推荐引用方式 GB/T 7714 | Martin Ellison,Thomas Sargent,Andrew Scott. DP13848 Funding the Great War and the beginning of the end for British hegemony. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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