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First World War: 1914–1918 (1981) the standard world economic history of the war; Horn, Martin. Britain, France, and the Financing of the First World War (2002) Kennedy, Paul. The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500 to 2000 (1987) pp 256–74; Mendershausen, Horst. The Economics of War (1940) online
The European liquidation of American securities in 1914 (also called the financial crisis of 1914) was the selloff of about $3 billion (equivalent to $94.18 billion in 2024) of foreign portfolio investments at the start of World War I, taking place at the same time as the broader July Crisis of 1914.
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
The Macmillan Dictionary of the First World War (1995) Strachan, Hew. The First World War: Volume I: To Arms (2004) Trask, David F. The United States in the Supreme War Council: American War Aims and Inter-Allied Strategy, 1917–1918 (1961) Tucker Spencer C (1999). The European Powers in the First World War: An Encyclopedia. New York: Garland.
Over Here: The First World War and American Society (1982), covers politics & economics & society [ISBN missing] Koistinen, Paul. Mobilizing for Modern War: The Political Economy of American Warfare, 1865–1919 (1997) May, Ernest R. The World War and American isolation, 1914–1917 (1959) online at ACLS e-books; Scott, Emmett Jay.
The mention of “bottom up” instead of “top down” is likely a direct reference to economic policies adopted under former Republican President Ronald Reagan in the 1980s — and favored by ...
The economic history of the world encompasses the development of human economic activity throughout time. It has been estimated that throughout prehistory, the world average GDP per capita was about $158 per annum (inflation adjusted for 2013), and did not rise much until the Industrial Revolution .
The aftermath of World War I saw far-reaching and wide-ranging cultural, economic, and social change across Europe, Asia, Africa, and even in areas outside those that were directly involved. Four empires collapsed due to the war, old countries were abolished, new ones were formed, boundaries were redrawn, international organizations were ...