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The long shadow of default : Britain's unpaid war debts to the United States, 1917-2020 / David James Gill.

By: Gill, David James, 1982- [author.].Publisher: New Haven : Yale University Press, [2022]Copyright date: ©2022Description: xiv, 397 pages : illustrations (black and white) ; 25 cm.Content type: text | still image Media type: unmediated Carrier type: volumeISBN: 9780300247183.Subject(s): Debts, Public -- Great Britain -- History | World War, 1914-1918 -- Finance -- Great Britain | Great Britain -- Foreign economic relations -- United States | United States -- Foreign economic relations -- Great BritainDDC classification: 336.3409410904 Summary: 'The Long Shadow of Default' focuses on an important but neglected example of sovereign default between two of the wealthiest and most powerful democracies in modern history. The United Kingdom accrued considerable financial debts to the United States during and immediately after the First World War. In 1934, the British government unilaterally suspended payment on these debts. This book examines why the United Kingdom was one of the last major powers to default on its war debts to the United States and how these outstanding obligations affected political and economic relations between both governments.Summary: Rethinking the causes and consequences of Britain's default on its First World War debts to the United States of America
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Book House of Lords Library - Palace Library Intake, Ground Floor Being Catalogued. Please contact Library staff. 021775

Includes bibliographical references and index.

'The Long Shadow of Default' focuses on an important but neglected example of sovereign default between two of the wealthiest and most powerful democracies in modern history. The United Kingdom accrued considerable financial debts to the United States during and immediately after the First World War. In 1934, the British government unilaterally suspended payment on these debts. This book examines why the United Kingdom was one of the last major powers to default on its war debts to the United States and how these outstanding obligations affected political and economic relations between both governments.

Rethinking the causes and consequences of Britain's default on its First World War debts to the United States of America

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