How States Pay for Wars

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Publisher : Cornell University Press
ISBN 13 : 1501706519
Total Pages : 206 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis How States Pay for Wars by : Rosella Cappella Zielinski

Download or read book How States Pay for Wars written by Rosella Cappella Zielinski and published by Cornell University Press. This book was released on 2016-07-11 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Armies fight battles, states fight wars. To focus solely on armies is to neglect the broader story of victory and defeat. Military power stems from an economic base, and without wealth, soldiers cannot be paid, weapons cannot be procured, and food cannot be bought. War finance is among the most consequential decisions any state makes: how a state finances a war affects not only its success on the battlefield but also its economic stability and its leadership tenure. In How States Pay for Wars, Rosella Cappella Zielinski clarifies several critical dynamics lying at the nexus of financial and military policy.Cappella Zielinski has built a custom database on war funding over the past two centuries, and she combines those data with qualitative analyses of Truman's financing of the Korean War, Johnson’s financing of the Vietnam War, British financing of World War II and the Crimean War, and Russian and Japanese financing of the Russo-Japanese War. She argues that leaders who attempt to maximize their power at home, and state power abroad, are in a constant balancing act as they try to win wars while remaining in office. As a result of political risks, they prefer war finance policies that meet the needs of the war effort within the constraints of the capacity of the state.

Bonds of War

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Author :
Publisher : UNC Press Books
ISBN 13 : 1469666626
Total Pages : 289 pages
Book Rating : 4.4/5 (696 download)

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Book Synopsis Bonds of War by : David K. Thomson

Download or read book Bonds of War written by David K. Thomson and published by UNC Press Books. This book was released on 2022-02-16 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does one package and sell confidence in the stability of a nation riven by civil strife? This was the question that loomed before the Philadelphia financial house of Jay Cooke & Company,&8239;entrusted&8239;by the US government with an unprecedented sale of bonds to finance the Union war effort in the early days of the American Civil War.&8239;How the government and its agents marketed these bonds revealed a version of the war the public was willing to buy and buy into, based not just in the full faith and credit of the United States but also in the success of its armies and its long-term vision for open markets. From Maine to California, and in foreign halls of power and economic influence,&8239;thousands of agents were deployed to&8239;sell&8239;a clear message: Union victory was unleashing the American economy itself. This fascinating work of&8239;financial and political history&8239;during&8239;the Civil War&8239;era&8239;shows&8239;how the marketing and sale of bonds crossed the Atlantic to Europe and beyond, helping ensure foreign countries' vested interest in the Union's success. Indeed, David K. Thomson demonstrates how Europe, and ultimately all corners of the globe, grew deeply interdependent on American finance during, and in the immediate aftermath of, the American Civil War.&8239;

War Loans and War Finance

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Author :
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis War Loans and War Finance by : Mechanics and Metals National Bank

Download or read book War Loans and War Finance written by Mechanics and Metals National Bank and published by . This book was released on 1916 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Debt and Entanglements Between the Wars

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Publisher : International Monetary Fund
ISBN 13 : 1513516868
Total Pages : 322 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Debt and Entanglements Between the Wars by : Mr.Thomas J Sargent

Download or read book Debt and Entanglements Between the Wars written by Mr.Thomas J Sargent and published by International Monetary Fund. This book was released on 2019-11-08 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: World War I created a set of forces that affected the political arrangements and economies of all the countries involved. This period in global economic history between World War I and II offers rich material for studying international monetary and sovereign debt policies. Debt and Entanglements between the Wars focuses on the experiences of the United States, United Kingdom, four countries in the British Commonwealth (Australia, New Zealand, Canada, Newfoundland), France, Italy, Germany, and Japan, offering unique insights into how political and economic interests influenced alliances, defaults, and the unwinding of debts. The narratives presented show how the absence of effective international collaboration and resolution mechanisms inflicted damage on the global economy, with disastrous consequences.

Annual Report of the War Finance Corporation

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Author :
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Annual Report of the War Finance Corporation by : War Finance Corporation (U.S.)

Download or read book Annual Report of the War Finance Corporation written by War Finance Corporation (U.S.) and published by . This book was released on 1919 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

War Costs and Their Financing

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Publisher :
ISBN 13 :
Total Pages : 552 pages
Book Rating : 4.:/5 (891 download)

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Book Synopsis War Costs and Their Financing by : Ernest Ludlow Bogart

Download or read book War Costs and Their Financing written by Ernest Ludlow Bogart and published by . This book was released on 1921 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Factual Information, the Seven War Loans

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Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Factual Information, the Seven War Loans by : United States. War Finance Division. Promotional Research Section

Download or read book Factual Information, the Seven War Loans written by United States. War Finance Division. Promotional Research Section and published by . This book was released on 1945 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Taxing Wars

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Publisher : Oxford University Press
ISBN 13 : 0190865326
Total Pages : 272 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis Taxing Wars by : Sarah Kreps

Download or read book Taxing Wars written by Sarah Kreps and published by Oxford University Press. This book was released on 2018-05-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why have the wars in Afghanistan and Iraq lasted longer than any others in American history? The conventional wisdom suggests that the move to an all-volunteer force and unmanned technologies such as drones have reduced the apparent burden of war so much that they have allowed these conflicts to continue almost unnoticed for years. Taxing Wars suggests that the burden in blood is just one side of the coin. The way Americans bear the burden in treasure has also changed, and these changes have both eroded accountability and contributed to the phenomenon of perpetual war. Sarah Kreps chronicles the entire history of how America has paid for its wars-and how its methods have changed. Early on, the United States imposed war taxes that both demanded sacrifices from all Americans and served as reminders of their participation. Indeed, thinkers from Immanuel Kant to Adam Smith argued that these reminders were exactly the reason why democracies tended to fight shorter and less costly wars. Bearing these burdens caused the populace to sue for peace when the costs mounted. Leaders in a democracy, responsive to their citizens, would have incentives to heed that opposition and bring wars to as expeditious an end as possible. Since the Korean War, the United States has increasingly moved away from war taxes. Instead, borrowing-and its comparatively less visible connection with the war-has become a permanent feature of contemporary wars. The move serves leaders well because reducing the apparent burden of war has helped mute public opposition and any decision-making constraints. But by masking accountability, however, the move away from war taxes undermines the basis for democratic restraint in wartime. Contemporary wars have become correspondingly longer and costlier as the public has become disconnected from those burdens. Given the trends identified in Taxing Wars, the recent past-epitomized by our lengthy wars in Afghanistan and Iraq-is likely to be prologue.

Liquidation of the War Finance Corporation

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Author :
Publisher :
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Liquidation of the War Finance Corporation by : United States. Department of the Treasury

Download or read book Liquidation of the War Finance Corporation written by United States. Department of the Treasury and published by . This book was released on 1943 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The War Period of American Finance, 1908-1925

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Publisher :
ISBN 13 :
Total Pages : 484 pages
Book Rating : 4.:/5 (4 download)

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Book Synopsis The War Period of American Finance, 1908-1925 by : Alexander Dana Noyes

Download or read book The War Period of American Finance, 1908-1925 written by Alexander Dana Noyes and published by . This book was released on 1926 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Britain, France, and the Financing of the First World War

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Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 077352293X
Total Pages : 262 pages
Book Rating : 4.7/5 (735 download)

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Book Synopsis Britain, France, and the Financing of the First World War by : Martin Horn

Download or read book Britain, France, and the Financing of the First World War written by Martin Horn and published by McGill-Queen's Press - MQUP. This book was released on 2002 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: A whole new look at the Great War and the objectives of the major powers on the financial side

How to Pay for the War

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Author :
Publisher : Routledge
ISBN 13 : 0429620330
Total Pages : 90 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis How to Pay for the War by : Evan F. M. Durbin

Download or read book How to Pay for the War written by Evan F. M. Durbin and published by Routledge. This book was released on 2019-05-23 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1939, this book examined how to finance the war, including chapters on the methods of industrial mobilisation and government borrowing and the growth of money income. During the course of the year 1936, when the probability of another war with Germany became exceedingly great, a group of six persons interested in the problems of financial policy began to meet, and the results of the discussions that took place between them are embodied in the present work.

The Banking System and War Finance

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Author :
Publisher : National Bureau of Economic Research
ISBN 13 :
Total Pages : 440 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis The Banking System and War Finance by : Charles Raymond Whittlesey

Download or read book The Banking System and War Finance written by Charles Raymond Whittlesey and published by National Bureau of Economic Research. This book was released on 1943 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt:

German War Finance

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Publisher : Theclassics.Us
ISBN 13 : 9781230443355
Total Pages : 18 pages
Book Rating : 4.4/5 (433 download)

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Book Synopsis German War Finance by : Moritz Julius Bonn

Download or read book German War Finance written by Moritz Julius Bonn and published by Theclassics.Us. This book was released on 2013-09 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1916 edition. Excerpt: ... THE PRINCIPLES OF WAR FINANCE Ever since the success of the first German war loan English speakers and writers have taken a lot of trouble in running down German finance. Their attitude was quite intelligible as long as Great Britain had hopes of winning the war by the financial and economic exhaustion of the enemy. These hopes have gone long ago. England has realized that the road to victory leads over battle fields. Whilst her soldiers are doing manfully their duty in the service of their country, she is compelled to borrow money abroad, in order to finance the huge army she must have. Her financial experts go on trying to beguile the neutrals with stories of the imminent economic and financial collapse of the enemy. They do not seem to see how criminal it would be to sacrifice the lives of so many thousand brave men in the trenches if there really was a short cut to success by blockade and starvation. They boast about the great achievements of the blockade which, according to their views, has cut off the Central Powers from the rest of the world. At the same time they are trying hard to undermine Germany's foreign credit, forgetting evidently that a country, as completely blockaded as Germany is supposed to be, is independent of foreign credits. They are taking great trouble in impressing their views on the neutrals by stopping almost completely the influx of German newspapers, not of war news only, but of financial and economic news as well: Evidently the collapse of German credit is not yet visible in Germany. If Germany was likely to appear as a competitor for loans in the American market this attitude could be easily explained. As this is not likely to happen, it is difficult to understand these methods. Even if Allied authors...

War Loans and the United States

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Author :
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis War Loans and the United States by : Guaranty Trust Company of New York

Download or read book War Loans and the United States written by Guaranty Trust Company of New York and published by . This book was released on 1917 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of World War I

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Publisher : Cambridge University Press
ISBN 13 : 1139448358
Total Pages : 363 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis The Economics of World War I by : Stephen Broadberry

Download or read book The Economics of World War I written by Stephen Broadberry and published by Cambridge University Press. This book was released on 2005-09-29 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.

War Finance Corporation

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis War Finance Corporation by : War Finance Corporation (U.S.)

Download or read book War Finance Corporation written by War Finance Corporation (U.S.) and published by . This book was released on 1930 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: