Britain's Economic Blockade of Germany, 1914-1919

Britain's Economic Blockade of Germany, 1914-1919
Author: Eric W. Osborne
Publisher: Routledge
Total Pages: 387
Release: 2004-06-24
Genre: History
ISBN: 1135771278

Great Britain's economic blockade of Germany in World War I was one of the key elements to the victory of the Entente. Though Britain had been the leading exponent of blockades for two centuries, the World War I blockade was not effective at the outbreak of hostilities.

Blockade

Blockade
Author: Steve R Dunn
Publisher: Seaforth Publishing
Total Pages: 190
Release: 2016-04-05
Genre: History
ISBN: 1848323425

This WWI naval history vividly tells the story of the Royal Navy’s Northern Blockade and the battles at sea that brought Germany to its knees. At the outbreak of World War I, Britain established a naval blockade that greatly diminished Germany’s access to trade and vital resources. The Northern Blockade brought the German economy to its knees and greatly diminished home front morale. Patrolling the inhospitable waters between Iceland and Scotland, the 10th Cruiser Squadron played a vital role in winning the war on the Western Front. At the same time, the Royal Navy successfully countered Germany’s attacks on British commerce, preventing much suffering in Britain. Drawing on numerous first-hand accounts, Historian Steve Dunn vividly chronicles this long-running battle at sea. Beginning with the blockade’s initial formation, he recounts the changes in strategy on both sides, including the use of converted liners and armed merchant vessels as warships. He also vividly describes the final destruction of German surface vessel commerce warfare, culminating in the hard-fought battle between the raider SMS Leopard and two British warships.

Britain's Economic Blockade of Germany, 1914-1919

Britain's Economic Blockade of Germany, 1914-1919
Author: Eric W. Osborne
Publisher: Routledge
Total Pages: 226
Release: 2004-06-24
Genre: Education
ISBN: 1135771286

This text studies Great Britain's economic blockade of Germany in World War I, one of the key elements to the victory of the Entente.

Planning Armageddon

Planning Armageddon
Author: Nicholas A. Lambert
Publisher: Harvard University Press
Total Pages: 662
Release: 2012-01-01
Genre: History
ISBN: 0674063066

Before the First World War, the British Admiralty conceived a plan to win rapid victory in the event of war with Germany-economic warfare on an unprecedented scale.This secret strategy called for the state to exploit Britain's effective monopolies in banking, communications, and shipping-the essential infrastructure underpinning global trade-to create a controlled implosion of the world economic system. In this revisionist account, Nicholas Lambert shows in lively detail how naval planners persuaded the British political leadership that systematic disruption of the global economy could bring about German military paralysis. After the outbreak of hostilities, the government shied away from full implementation upon realizing the extent of likely collateral damage-political, social, economic, and diplomatic-to both Britain and neutral countries. Woodrow Wilson in particular bristled at British restrictions on trade. A new, less disruptive approach to economic coercion was hastily improvised. The result was the blockade, ostensibly intended to starve Germany. It proved largely ineffective because of the massive political influence of economic interests on national ambitions and the continued interdependencies of all countries upon the smooth functioning of the global trading system. Lambert's interpretation entirely overturns the conventional understanding of British strategy in the early part of the First World War and underscores the importance in any analysis of strategic policy of understanding Clausewitz's "political conditions of war."

The Economics of World War I

The Economics of World War I
Author: Stephen Broadberry
Publisher: Cambridge University Press
Total Pages: 363
Release: 2005-09-29
Genre: History
ISBN: 1139448358

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.

The Economic Consequences of the Peace

The Economic Consequences of the Peace
Author: John Maynard Keynes
Publisher: Simon Publications LLC
Total Pages: 312
Release: 1920
Genre: Business & Economics
ISBN: 9781931541138

John Maynard Keynes, then a rising young economist, participated in the Paris Peace Conference in 1919 as chief representative of the British Treasury and advisor to Prime Minister David Lloyd George. He resigned after desperately trying and failing to reduce the huge demands for reparations being made on Germany. The Economic Consequences of the Peace is Keynes' brilliant and prophetic analysis of the effects that the peace treaty would have both on Germany and, even more fatefully, the world.

Norwegian Shipping in the 20th Century

Norwegian Shipping in the 20th Century
Author: Stig Tenold
Publisher: Springer
Total Pages: 336
Release: 2019-01-01
Genre: Economic theory. Demography
ISBN: 3319956396

This book is open access under a CC BY NC ND 4.0 license. This open access book discusses how Norwegian shipping companies played a crucial role in global shipping markets in the 20th century, at times transporting more than ten per cent of world seaborne trade. Chapters explore how Norway managed to remain competitive, despite being a high labour-cost country in an industry with global competition. Among the features that are emphasised are market developments, business strategies and political decisions The Norwegian experience was shaped by the main breaking points in 20th century world history, such as the two world wars, and by long-term trends, such as globalization and liberalization. The shipping companies introduced technological and organizational innovations to build or maintain a competitive advantage in a rapidly changing world. The growing importance of offshore petroleum exploration in the North Sea from the 1970s was both a threat and an opportunity to the shipping companies. By adapting both business strategies and the political regime to the new circumstances, the Norwegian shipping sector managed to maintain a leading position internationally.

Oil and the Great Powers

Oil and the Great Powers
Author: Anand Toprani
Publisher: Oxford University Press
Total Pages: 316
Release: 2019-04-04
Genre: History
ISBN: 0192571591

The history of oil is a chapter in the story of Europe's geopolitical decline in the twentieth century. During the era of the two world wars, a lack of oil constrained Britain and Germany from exerting their considerable economic and military power independently. Both nations' efforts to restore the independence they had enjoyed during the Age of Coal backfired by inducing strategic over-extension, which served only to hasten their demise as great powers. Having fought World War I with oil imported from the United States, Britain was determined to avoid relying upon another great power for its energy needs ever again. Even before the Great War had ended, Whitehall implemented a strategy of developing alternative sources of oil under British control. Britain's key supplier would be the Middle East - already a region of vital importance to the British Empire - whose oil potential was still unproven. As it turned out, there was plenty of oil in the Middle East, but Italian hostility after 1935 threatened transit through the Mediterranean. A shortage of tankers ruled out re-routing shipments around Africa, forcing Britain to import oil from US-controlled sources in the Western Hemisphere and depleting its foreign exchange reserves. Even as war loomed in 1939, therefore, Britain's quest for independence from the United States had failed. Germany was in an even worse position than Britain. It could not import oil from overseas in wartime due to the threat of blockade, while accumulating large stockpiles was impossible because of the economic and financial costs. The Third Reich went to war dependent on petroleum synthesized from coal, domestic crude oil, and overland imports, primarily from Romania. German leaders were confident, however, that they had enough oil to fight a series of short campaigns that would deliver to them the mastery of Europe. This plan derailed following the victory over France, when Britain continued to fight. This left Germany responsible for Europe's oil requirements while cut off from world markets. A looming energy crisis in Axis Europe, the absence of strategic alternatives, and ideological imperatives all compelled Germany in June 1941 to invade the Soviet Union and fulfill the Third Reich's ultimate ambition of becoming a world power - a decision that ultimately sealed its fate.