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Cited by 575

The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Exchange Rates and Economic Recovery in the 1930s

Open access
Eichengreen, Barry, Sachs, Jeffrey·1985·The Journal of Economic History

Abstract

Currency depreciation in the 1930s is almost universally dismissed or condemned. This paper advances a different interpretation of these policies. It documents first that depreciation benefited the initiating countries. It shows next that there can be no presumption that depreciation was beggar-thy-neighbor. While empirical analysis indicates that the foreign repercussions of individual devaluations were in fact negative, it does not imply that competitive devaluations taken by a group of countries were without mutual benefit. To the contrary, similar policies, had they been even more widely adopted and coordinated internationally, would have hastened recovery from the Great Depression.

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Metadata

Authors
Eichengreen, B., & Sachs, J.
Venue
The Journal of Economic History
Published
1985-12
Volume
45
Issue
4
Pages
925-946
ISSN
  • 0022-0507 (ISSN-L)
  • 1471-6372
OpenAlex
W3021683047
Cited by
575
References
1
FWCI
11.18
Type
journal article
Language
en
Open access
bronze

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CoChat. (2026). Citation check: Exchange Rates and Economic Recovery in the 1930s. https://app.cochat.ai/papers/10.1017/s0022050700035178
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Eichengreen, B., & Sachs, J. (1985). Exchange Rates and Economic Recovery in the 1930s. The Journal of Economic History. https://doi.org/10.1017/s0022050700035178

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.