The historical correlation between German agriculture and American financial capital

2017 Fiscal Year Final Research Report

• Project/Area Number: 25380428
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Economic history
• Research Institution: Hiroshima University
• Principal Investigator: KATO FUSAO 広島大学, 社会科学研究科, 名誉教授 (90104869)
• Project Period (FY): 2013-04-01 – 2018-03-31
• Keywords: 経済史 / ドイツ / 国際金融

Outline of Final Research Achievements

This study examines what I refer to as the pre‐history of the London Conference of 1953 by providing a detailed examination of the dollar bonds, and what they tell us about the relative roles　of　Britain,　France　and　the　United　States.　There　is　no　doubt　that　these　financial　arrangements deprived Germany of its ability to dominate the Continent during the intra‐war period. Financial weakness and dependence on American capital tied Germany to the Western, liberal‐capitalist order, and Germany was forced to accept rescue by the United States. This research focusing on the dollar bonds is based on primary materials in the Berlin‐Lichterfelde Archive (Bundesarchiv Berlin). I begin with a survey of German fiscal policies, with particular reference to the dollar bonds. Next, based on the statistical survey made by the German Credit Bank (Deutsche Rentenbank‐Kreditanstalt), I examine the reduction in the debt redemption.

Free Research Field

社会科学