The World Economy between the Wars

The European Economy between the Wars, (OUP, 1997) has become thedefinitive economic history of Europe in the inter-war period. Placing the GreatDepression of 1929-33 and the associated financial crisis at the center of thenarrative, the authors comprehensively examined the lead-up to and consequencesof the depression and recovery. Peter Temin and Gianni Toniolo (their formerco-author, Charles H. Feinstein, has died) now expand their scope to include theentire world economy, and have created a new edition: The World Economy betweenthe Wars. New material focuses on the structure of the world economy in the1920s, including a special focus on the United States, Japan, and Latin America.In addition, chapters that discuss the post-depression recovery now cover TheNew Deal and recovery in general in the United States and Japan. This newedition is a necessary update, and invaluable resource for those who desire anoverview of the inter-war area beyond the usual discussion of the 1929 stockmarket crash. The book's broad geographic coverage, as well as its clarity andchronological execution, will appeal to students of economic history, as well asthose academics in other fields whose research involves the inter-warperiod.

Peter Temin is Elisha Gray II Professor of Economics at the Massachusetts Institute of Technology (MIT).
Gianni Toniolo is Research Professor of Economics and History at Duke University and Research Fellow at the Centre for Economic Policy Research in London.