The impact of the Scandinavian Monetary Union on financial market integration

2007 ◽  
Vol 14 (2) ◽  
pp. 125-148 ◽  
Author(s):  
Lars Fredrik Øksendal
Keyword(s):  
World War I ◽  
Monetary Union ◽  
Market Integration ◽  
World War ◽  
Border Regions ◽  
Financial Market Integration ◽  
Parliamentary Debate ◽  
Set Up ◽  
The Impact ◽  
Gold Coins

In the period from 1877 until the outbreak of World War I, Sweden, Denmark and Norway constituted a currency area – the Scandinavian Monetary Union (SMU). They shared the same unit of account, the gold krone. Both full-bodied gold coins and token coins of the three countries served as legal tender and circulated freely within the union. Initially set up to preserve the traditional circulation of neighbouring coins in the border regions, the central bank cooperation was extended to a mutual settlement mechanism (1885) and later reciprocal acceptance of notes at par (1901). A desire for economic integration was present under the surface of this practical approach, mirroring the predominant liberal worldview of the 1870s. For instance, the Norwegian government saw a common coinage as an instrument for ‘knitting together the three nations to a single commercial territory’. In the parliamentary debate on Norwegian entry into the union a supporter argued that ‘the real objective of unity in coin had to be to bring the countries closer together’. Thus, from the outset, the SMU was a combination of practical arrangements and lofty ambitions.

The Great War of the Postcards

2021 ◽  
Vol 88 (3) ◽  
pp. 525-568
Author(s):  
Johann Strauss
Keyword(s):  
Middle East ◽  
World War I ◽  
Great War ◽  
World War ◽  
The Balkans ◽  
Book Illustrations ◽  
Characteristic Features ◽  
The Impact ◽  
The Great War

This article examines the functions and the significance of picture postcards during World War I, with particular reference to the war in the Ottoman Lands and the Balkans, or involving the Turkish Army in Galicia. After the principal types of Kriegspostkarten – sentimental, humorous, propaganda, and artistic postcards (Künstlerpostkarten) – have been presented, the different theatres of war (Balkans, Galicia, Middle East) and their characteristic features as they are reflected on postcards are dealt with. The piece also includes aspects such as the influence of Orientalism, the problem of fake views, and the significance and the impact of photographic postcards, portraits, and photo cards. The role of postcards in book illustrations is demonstrated using a typical example (F. C. Endres, Die Türkei (1916)). The specific features of a collection of postcards left by a German soldier who served in Turkey, Syria, and Iraq during World War I will be presented at the end of this article.

From Multi-Industry Planning to Keynesian Planning: Gardiner Means, the American Keynesians, and National Economic Planning at the National Resources Committee

1990 ◽  
Vol 2 (2) ◽  
pp. 186-212 ◽  
Author(s):  
Frederic S. Lee
Keyword(s):  
World War I ◽  
Economic Planning ◽  
World War ◽  
National Planning ◽  
National Economic ◽  
Basic Characteristics ◽  
American Society ◽  
Industry Planning ◽  
The Impact ◽  
American Economy

In recent years we have witnessed a revival of interest in the National Resources Committee (NRC) and its work on national planning. The research shows that the roots of national planning at the NRC are found in the Progressive Era, when individuals sought, through city, regional, and economic planning, to bring order to American society, in the government's management of the economy during World War I, and in Hoover's attempt at macromanagement of the economy. The research also shows that national economic planning, as distinct from other forms of planning, was an important component of the committee's work. In regard to this, researchers have acknowledged that Gardiner Means, as director of the Industrial Section of the Industrial Committee and author of The Structure of the American Economy, Part I: Basic Characteristics, was an important and outspoken advocate of economic planning within the NRC, but they have been less clear as to his specific contributions to economic planning. Moreover, the researchers have not extensively investigated the NRC position toward national economic planning, the economic models from which national economic plans would be developed, and the impact of the Keynesian revolution on the NRC approach to national economic planning. These omissions are not surprising inasmuch as neither Warken's (1979) nor Clawson's (1981) general coverage of the NRC provided much more than a brief and superficial description of the Industrial Section and a listing of its most important publications. Kalish (1963), on the other hand, discussed Means and the Industrial Section in more depth but in such a disjointed manner that it is impossible to grasp the movement toward economic planning that took place in the NRC and the important role Means played in the process. Finally, neither Chapman's (1981 and 1983) nor Jeffries's (1987) discussions of the impact of the Keynesian revolution on the activities of the NRC dealt specifically with its impact on Means's work on economic planning.

scholarly journals Sprawy polskie w Kanadzie w czasie I wojny światoweJ

2020 ◽  
Vol 46 (2 (176)) ◽  
pp. 227-245
Author(s):  
Anna Reczyńska
Keyword(s):  
North America ◽  
World War I ◽  
Ethnic Group ◽  
Lake Ontario ◽  
World War ◽  
Training Camp ◽  
The Us ◽  
The Impact

Polish Issues in Canada During World War I The article presents the impact of World War I on Polish immigrants in Canada, the position of the Polish ethnic group in this country and the efforts of persons of Polish descent in regard to recruitment for the Polish Army in North America. Poles, who were subjects of Germany or the Austro-Hungarian Empire were treated as enemy aliens. Those people were forced to register and report to the police on a regular basis and some of them were interned in labour camps during the war. Some were released from the camps after an intervention of Polish organizations and priests. Soldiers of Polish descent, volunteers and recruits also fought in the Canadian Expeditionary Forces in Europe. Over 20,000 Polish volunteers from the US (including over 200 from Canada) enrolled in a training camp formed in Niagara-on-the-Lake, Ontario on the border with the US. The problems with the organization and functioning of the camp, and opinions on Polish volunteers shaped the attitude of many Canadians towards the Polish diaspora and the newly established Polish state. Keywords: World War I, Polish Diaspora in Canada, Niagara-on-the-Lake camp, Haller’s Army, Colonel Arthur D’Orr LePan Streszczenie Artykuł przedstawia kilka przykładów obrazujących oddziaływanie wydarzeń I wojny światowej na żyjących w Kanadzie polskich imigrantów, pozycję polskiej grupy etnicznej w tym kraju oraz na aktywność osób polskiego pochodzenia na rzecz rekrutacji do wojska polskiego w Ameryce Północnej. Polaków, którzy byli poddanymi Niemiec lub monarchii austro-wegierskiej traktowano jak przedstawicieli państw wrogich. Mieli obowiązek rejestracji i regularnego zgłaszania się na policję a niektórzy zostali internowani w stworzonych w czasie wojny obozach pracy. Część z nich była z tych obozów zwolniona po interwencji polskich organizacji i polskich duchownych. Żołnierze polskiego pochodzenia, zarówno ochotnicy jak i poborowi, znaleźli się także w oddziałach Kanadyjskich Sił Ekspedycyjnych walczących w Europie. Ponad 20 tys. polskich ochotników z USA (w tym ponad 200 z Kanady) zgłosiło się też do obozu szkoleniowego utworzonego w Niagara-on-the-Lake, Ontario, przy granicy z USA. Problemy z organizacją i funkcjonowaniem tego obozu oraz opinie o polskich ochotnikach, kształtowały nastawienie wielu Kanadyjczyków do polskiej grupy etnicznej i nowotworzonego Państwa Polskiego.

scholarly journals The Making of an Egyptian Arab Nationalist

2001 ◽  
Vol 18 (4) ◽  
pp. 179-182
Author(s):  
Donald Reid
Keyword(s):  
World War I ◽  
Arab World ◽  
World War ◽  
Islamic Revival ◽  
Arab Nationalism ◽  
Islamic Movements ◽  
False Dichotomy ◽  
Political Activist ◽  
Arab League ◽  
Set Up

Thirty years in the making, this ambitious book covers the first forty-threeyears of the life of Abd al-Rahman Azzam Pasha, the political activist andwriter who became the first secretary-general of the Arab League (1945-1952). Few biographies of public figures in the Arab world have treatedtheir subjects in comparable depth and detail. The Making of an EgyptianArab Nationalist is essential reading for anyone seriously interested in thecomplexities of evolving national and religious identities in 20th-century Egypt.Coury sets out to refute interpretations elaborated by such scholars asElie Kedourie, P. J. Vatikiotis, Nadav Safran, and Richard Mitchell thirtyor forty years ago. He argues that their works, reflecting the influence ofOrientalism, perpetuated false assumptions that Islam and Arab cultureharbored essentialist and atomistic tendencies toward extremism,irrationality, and violence. He maintains that in treating 20th-centuryEgypt, they set up a false dichotomy between a rational, western-inspiredterritorial patriotism and irrational, artificial pan- Arab and Islamicmovements. Ahmad Lutfi al-Sayyid's circle before World War I and theWafd Party in the interwar period represented the first school who opposedBritish imperialism but were eager to borrow western rationalism, science,secular liberalism, and democracy. In the 1930s this moderate patriotismbegan to give way before pan-Arab and Islamic movements tainted with theextremism, terrorism, and irrationality which the West has long attributedto Islam.Coury cites hopefully revisionist works by Rashid Khalidi, PhilipKhoury, Ernest Dawn, and Hassan Kayali but is dismayed that other recentstudies have perpetuated the old, hostile stereotypes. "Martin Kramer'sArab Awakening and Islamic Revival (1996)," he says, "reveals that eventhe old-fashioned Kedourie-style hysteria, compounded, as it sometimes is,by Zionist rage (Kramer refers to Edward Said as Columbia's 'part-timeprofessor of Palestine') is still alive and well . . . "Coury insists that Azzam's "Egyptian Arab nationalism" sprang from theperspectives, needs, and interests of an upper and middle bourgeoisiefacing specific challenges. The rank and file following came from a lower ...

Tram, mobilitŕ e crescita urbana in Spagna, 1900-1936

STORIA URBANA ◽  
2009 ◽  
pp. 21-48
Author(s):  
Banales José Luis Onyňn
Keyword(s):  
World War I ◽  
Working Class ◽  
Urban Growth ◽  
Urban Structure ◽  
Mobility Patterns ◽  
World War ◽  
Unskilled Workers ◽  
Urban Pattern ◽  
The Impact ◽  
The Relationship

- The article focuses on the relationship between tramway networks and urban structure in Spain during the period 1900-1936. It states that this relationship should be studied after considering the use of transport and the mobility patterns of different classes, specially the working class. Once these factors have been studied it is possible to assert the impact of the tramway netmark on urban growth. The impact of the tramways on major Spanish cities did not take the form of a transport revolution that would radically changed the urban pattern. Tramways did not direct urban growth until use of tramway lines by the working class became general. This did not happen until World War I. Since then, skilled and some unskilled workers did change their mobility patterns and tramway use experienced a cycle of growth that continued until the late 1950s.

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