Arbeitspapier
Quantification and Revolution: An Investigation of German Capital Flight after the First
It is well known that after the First World War there was a massive flight of capital from the major European countries to foreign financial centres. It is surprising, however, to note that no historian to date has actually taken the trouble to make a detailed study of the phenomenon. The aim of this article is to go beyond the impressionism that characterises the historical approach to the study of capital flight following the First World War. In order to show what can and cannot be established, the subject of study will be Germany. After presenting the main difficulties encountered in quantifying the flight of German capital, the article will go on to provide a new estimate of it. A wide range of sources were referred to for the survey: national archives, expert reports, bank statistics, and balances of payments. The application of rigorous historical method, with crosschecking and critical analysis of documents, have made it possible to establish new relevant facts regarding the flight of German capital following the First World War. The final figure obtained is greater than those generally accepted.
- Sprache
-
Englisch
- Erschienen in
-
Series: EHES Working Paper ; No. 149
- Klassifikation
-
Wirtschaft
Current Account Adjustment; Short-term Capital Movements
International Financial Markets
Tax Evasion and Avoidance
Economic History: Financial Markets and Institutions: Europe: 1913-
Economic History: Government, War, Law, International Relations, and Regulation: Europe: 1913-
Cultural Economics: Economics of the Arts and Literature
- Thema
-
Capital flight
tax havens
interwar period
hyperinflation
Germany
Switzerland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Farquet, Christophe
- Ereignis
-
Veröffentlichung
- (wer)
-
European Historical Economics Society (EHES)
- (wo)
-
s.l.
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Farquet, Christophe
- European Historical Economics Society (EHES)
Entstanden
- 2019
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