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Politics : Foreign Affairs Discussion Group
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To: Bilow who wrote (54346)10/24/2002 6:46:49 AM
From: Ilaine  Read Replies (1) of 281500
 
Yes. The short hand phrase for it among historians, economists, and economic historians is "beggar thy neighbor," aka competitive devaluation, causing extreme exchange rate fluctuations, which destabilized the global economy.

If you're good at math, try this (for the destabilization):
csu.edu.au

Otherwise, input "beggar thy neighbor" and "Great Depression" in google, and read.
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