World Economy Between the World Wars

The European Economy between the Wars, (OUP, 1997) has become the definitive economic history of Europe in the inter-war period. Placing the Great Depression of 1929-33 and the associated financial crisis at the center of the narrative, the authors comprehensively examined the lead-up to and consequences of the depression and recovery. Peter Temin and Gianni Toniolo (their former co-author, Charles H. Feinstein, has died) now expand their scope to include the entire world economy, and have created a new edition: The World Economy between the Wars. New material focuses on the structure of the world economy in the 1920s, including a special focus on the United States, Japan, and Latin America. In addition, chapters that discuss the post-depression recovery now cover The New Deal and recovery in general in the United States and Japan. This new edition is a necessary update, and invaluable resource for those who desire an overview of the inter-war area beyond the usual discussion of the 1929 stock market crash. The book's broad geographic coverage, as well as its clarity and chronological execution, will appeal to students of economic history, as well as those academics in other fields whose research involves the inter-war period.

The late Charles H. Feinstein was a Fellow of All Souls College, and Chichele Professor of Economic History Emeritus at the University of Oxford.
Peter Temin is the Elisha Gray II Professor of Economics at the Massachusetts Institute of Technology (MIT), having been a full professor in the Economics Department at MIT since 1970. He received his B.A. from Swarthmore College in 1959 and his Ph.D. in Economics from MIT in 1964. He was a Junior Fellow of the Society of Fellows at Harvard University, 1962-65, Pitt Professor of American History and Institutions at Cambridge University, 1985-86, Head of the Economics Department at MIT, 1990-93, President of the Economic History Association, 1995-96, and President of the Eastern Economic Association, 2001-02.
Gianni Toniolo is Research Professor of Economics at Duke University (North Carolina, USA) and Research Fellow at the Centre for Economic Policy Research (London). He has been professor of economics in Rome and Venice and a visiting professor at various universities including Oxford, Berkeley, and Hitotsubashi (Tokyo). He is the author of several books and essays on European economic growth and international financial history.

"When the Charles Feinstein, Peter Temin, and Gianni Toniolo published The European Economy Between the World Wars over ten years ago, it immediately became the standard history of European economic developments in the 1920s and 1930s. Now the authors have expanded the previous work very substantially to the international economy as a whole. The World Economy Between the World Wars is, like its predecessor, destined to be an instant classic. It is a comprehensive and balanced account of one of the most important and perplexing periods in world economic history. The authors analyze the economics, and the political economy, of the global and national trends that culminated in the Great Depression and eventually World War Two. In doing so, they provide both an insightful historical account of a crucial era, and thoughtful observations on its implications for the contemporary age."--Jeff Frieden, Professor of Government, Harvard University
"Historical debate about the miseries of the interwar world economy will no doubt remain vigorous, but Peter Temin's, Gianni Toniolo and the late Charles Feinstein have provided an admirable and succinct guide to the controversies and outcomes of the era and to the historical debate ever since."--Charles S. Maier, Leverett Saltonstall Profesor of History, Harvard University
"This revised edition of Feinstein, Temin and Toniolo's classic is most welcome. Not only does it expand in compass from Europe to the world, but it speaks to contemporary questions--the end of empire, global imbalances, the sub prime crisis--that will resonate with a new generation of readers."--Barry Eichengreen, George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California, Berkeley