
The Long Shadow of Default by David James Gill
Rethinking the causes and consequences of Britains default on its First World War debts to the United States of America
“David Gill’s brilliant, deeply researched and stylish book makes important contributions to the history of both Britain and the United States, to their relations during the Second World War, and to a wider understanding of defaultIt is a model of what historical analysis brings to our understanding of the modern world.”—Martin Daunton, author of Just Taxes
“[E]nlightening. . . . As Gill shows in his deeply researched book, far from being sorted, the war debts have hung over Anglo-American relations for decades.”—Max Harris, senior fellow, Wharton Initiative on Financial Policy and Regulation
“Gill provides a fascinating window into the dynamics of bilateral official lending, with a focus on wartime debts between allies. Using a wide range of archival materials, Gill details the domestic and international considerations behind the UK’s servicing of its 1917 debt until 1934, as well as its subsequent (and continuing) suspension of payments.”—Layna Mosley, author of Global Capital and National Governments
“Of debts arising from the Great War, Franklin Roosevelt said, ‘default . . . that word should never be said.’ And most often it isn’t, especially for the sum Britain has yet to repay the United States. Yet the failure to repay had a long history that affected Anglo-American cooperation in the Second World War, the Cold War, and afterward. A valuable study on the uses of mostly forgetting, if not fully forgiving, debt.”—Eric Rauchway, author of Why the New Deal Matters
“[E]nlightening. . . . As Gill shows in his deeply researched book, far from being sorted, the war debts have hung over Anglo-American relations for decades.”—Max Harris, senior fellow, Wharton Initiative on Financial Policy and Regulation
“Gill provides a fascinating window into the dynamics of bilateral official lending, with a focus on wartime debts between allies. Using a wide range of archival materials, Gill details the domestic and international considerations behind the UK’s servicing of its 1917 debt until 1934, as well as its subsequent (and continuing) suspension of payments.”—Layna Mosley, author of Global Capital and National Governments
“Of debts arising from the Great War, Franklin Roosevelt said, ‘default . . . that word should never be said.’ And most often it isn’t, especially for the sum Britain has yet to repay the United States. Yet the failure to repay had a long history that affected Anglo-American cooperation in the Second World War, the Cold War, and afterward. A valuable study on the uses of mostly forgetting, if not fully forgiving, debt.”—Eric Rauchway, author of Why the New Deal Matters
David James Gill is a professor in the School of Politics and International Relations at the University of Nottingham. He is the author of Britain and the Bomb and coauthor of Divided Allies.
| SKU | Unavailable |
| ISBN 13 | 9780300247183 |
| ISBN 10 | 0300247184 |
| Title | The Long Shadow of Default |
| Author | David James Gill |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Yale University Press |
| Year published | 2023-01-24 |
| Number of pages | 416 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |