Book contents
- Frontmatter
- Contents
- List of illustrations
- List of contributors
- List of abbreviations
- General introduction and acknowledgements
- Introduction générale et remercients par
- Introduction (English)
- Introduction (français)
- The sea and seapower within the international system
- Germany, 1870–1914: a military empire turns to the sea
- The Imperial Japanese Navy, 1937–1942
- The US as a new naval power, 1890–1919
- World war suspended and resumed: Russia, 1919–1940
- Freedom and control of the seas, 1856–1919
- Unclos and the modern law of the sea
- New navies and maritime powers
- Britain, 1815–1850: naval power or sea power?
- Free trade, industrialization and the global economy, 1815–1914
- Coal and the sea
- Shipbuilding and power: some reflections
- Maintaining naval hegemony in the industrial age: Britain, 1850–1889
- Naval armaments races, 1889–1922
- The British Empire and the war at sea, 1914–1918
- Steaming worldwide waters: adaptation and transformation in the Netherlands
- Austria-Hungary: an inland empire looks to the sea
- The Ottoman Empire and the sea, 1789–1922
- Empire and trade without a major navy: Portugal
- Italy, 1861–1914: did the sea build a state and an empire?
- Imperial failure of the industrial age: Spain, 1805–1898
- Denmark: a small power with a growing shipping industry
- Sweden and the sea in the 19th century
- Navies, internal order and trade in South America, 1830–1914
- The sea and the American Civil War
- The wider Caribbean during the 19th and 20th centuries
- Ship canals
- Oil and water
- Imperial failure in the industrial age: China, 1842–1911
- China turns to the sea, 1912–1990
- India and the sea
- Les Îles d'Océanie et l'ouverture sur la mer à l'heure de la première mondialisation contemporaine
- Maritime labour
- Fisheries
- Geographical determinism and the growth of the American whaling and sealing industries
- La France et la mer, 1815–1914
- Russia tries the new naval technologies, 1815–1914
- The First World War and Japan: from the Anglo-Japanese Alliance to the Washington Treaty
- The sea in the Great War
- The Mediterranean and World War I
- Germany in World War One: naval strategy and warfare
- The sea in German grand strategy, 1919–1939/40
- The case of Germany in the first part of World War II, 1939–1942
- Britain on the defensive, 1939–1942
- Britain and the sea, 1943–1945
- The Washington Treaty era, 1919–1936: naval arms limitation
- The Washington Treaty era: neutralising the Pacific
- The United States and the Second World War
- The sea as a decisive factor in the Second World War
- The sea and the rise of the dictators: Italy, 1919–1940
- The Italian offensive, 1940–1941
- The sea and the Cold War
- NATO as a maritime alliance in the Cold War
- The sea and the Soviet Empire
- The sea and the economic slump, 1919–1939
- Océans et globalisation depuis 1945
- America's Pacific power in a global age
- Les nouvelles ressources océaniques
- Hiérarchies portuaires dans le monde et changements régionaux de connectivité maritime, 1890–2010
- Between empires and institutions: non-state actors and the sea since 1945
- The narcotics trade and the sea
- Climate change and world trade
- La France et la mer depuis 1945: une mutation inachevée
- Changes in naval power and seaborne trade in postwar Asian waters
- Looking to the future
- Conclusion(English)
- Conclusion(français)
- General conclusion
- Conclusion générale par
- Miscellaneous Endmatter 1
- Miscellaneous Endmatter 2
The sea and the economic slump, 1919–1939
Published online by Cambridge University Press: 26 May 2017
- Frontmatter
- Contents
- List of illustrations
- List of contributors
- List of abbreviations
- General introduction and acknowledgements
- Introduction générale et remercients par
- Introduction (English)
- Introduction (français)
- The sea and seapower within the international system
- Germany, 1870–1914: a military empire turns to the sea
- The Imperial Japanese Navy, 1937–1942
- The US as a new naval power, 1890–1919
- World war suspended and resumed: Russia, 1919–1940
- Freedom and control of the seas, 1856–1919
- Unclos and the modern law of the sea
- New navies and maritime powers
- Britain, 1815–1850: naval power or sea power?
- Free trade, industrialization and the global economy, 1815–1914
- Coal and the sea
- Shipbuilding and power: some reflections
- Maintaining naval hegemony in the industrial age: Britain, 1850–1889
- Naval armaments races, 1889–1922
- The British Empire and the war at sea, 1914–1918
- Steaming worldwide waters: adaptation and transformation in the Netherlands
- Austria-Hungary: an inland empire looks to the sea
- The Ottoman Empire and the sea, 1789–1922
- Empire and trade without a major navy: Portugal
- Italy, 1861–1914: did the sea build a state and an empire?
- Imperial failure of the industrial age: Spain, 1805–1898
- Denmark: a small power with a growing shipping industry
- Sweden and the sea in the 19th century
- Navies, internal order and trade in South America, 1830–1914
- The sea and the American Civil War
- The wider Caribbean during the 19th and 20th centuries
- Ship canals
- Oil and water
- Imperial failure in the industrial age: China, 1842–1911
- China turns to the sea, 1912–1990
- India and the sea
- Les Îles d'Océanie et l'ouverture sur la mer à l'heure de la première mondialisation contemporaine
- Maritime labour
- Fisheries
- Geographical determinism and the growth of the American whaling and sealing industries
- La France et la mer, 1815–1914
- Russia tries the new naval technologies, 1815–1914
- The First World War and Japan: from the Anglo-Japanese Alliance to the Washington Treaty
- The sea in the Great War
- The Mediterranean and World War I
- Germany in World War One: naval strategy and warfare
- The sea in German grand strategy, 1919–1939/40
- The case of Germany in the first part of World War II, 1939–1942
- Britain on the defensive, 1939–1942
- Britain and the sea, 1943–1945
- The Washington Treaty era, 1919–1936: naval arms limitation
- The Washington Treaty era: neutralising the Pacific
- The United States and the Second World War
- The sea as a decisive factor in the Second World War
- The sea and the rise of the dictators: Italy, 1919–1940
- The Italian offensive, 1940–1941
- The sea and the Cold War
- NATO as a maritime alliance in the Cold War
- The sea and the Soviet Empire
- The sea and the economic slump, 1919–1939
- Océans et globalisation depuis 1945
- America's Pacific power in a global age
- Les nouvelles ressources océaniques
- Hiérarchies portuaires dans le monde et changements régionaux de connectivité maritime, 1890–2010
- Between empires and institutions: non-state actors and the sea since 1945
- The narcotics trade and the sea
- Climate change and world trade
- La France et la mer depuis 1945: une mutation inachevée
- Changes in naval power and seaborne trade in postwar Asian waters
- Looking to the future
- Conclusion(English)
- Conclusion(français)
- General conclusion
- Conclusion générale par
- Miscellaneous Endmatter 1
- Miscellaneous Endmatter 2
Summary
ABSTRACT.Before the First World War most of the advanced economies were at last partly committed to free trade and free exchange. After the war protectionism, tariffs and financial controls threw international trade into disarray, and some countries subsidized shipping for strategic reasons. Ships and ship-owners were both victims and instruments of economic nationalism, but international trade fell as a proportion of economic activity.
RÉSUMÉ.Avant la première guerre mondiale, la plupart des économies avancées étaient au moins en partie attachées au libre-échange et au commerce libre. Avec le protectionnisme découlant de la guerre, les droits de douane et les contrôles financiers ont jeté le commerce international dans le chaos et certains pays ont dû, pour raisons stratégiques, subventionner la navigation. Les navires et leurs propriétaires se retrouvèrent à la fois les victimes et les instruments du nationalisme économique mais le commerce international ne devint plus qu'un pourcentage de l'activité économique.
In 1919, John Maynard Keynes reflected, with a sense of nostalgia for a lost era, on the world economy as it existed in the last days of peace:
The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, in such quantity as he might see fit, and reasonably expect their early delivery upon his doorstep; he could at the same moment and by the same means adventure his wealth in the natural resources and new enterprises of any quarter of the world, and share, without exertion or even trouble in their prospective fruits and advantages.
It was a time of free movement of labour – a world in which the wealthy inhabitant of London could take a Cunard liner from Liverpool to New York, or a poor immigrant from southern Italy could travel steerage to Ellis Island for a new life. It was a world economy in which most prosperous areas accepted the gold standard, so reducing the uncertainties of trade and capital investment.
Tensions were already appearing before the war, for the obverse of an open, cosmopolitan economy was the difficulty of adopting domestic economic policies to protect industries from foreign competition, to maintain wage rates from being undercut by cheap migrant labour or to pursue an activist monetary policy. By 1914, American workers were demanding controls on immigration from southern Europe.
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- The Sea in History - The Modern World , pp. 594 - 604Publisher: Boydell & BrewerPrint publication year: 2017