Overview

The Long Shadow of Default focuses on an important but neglected example of sovereign default between two of the wealthiest and most powerful democracies in modern history. The United Kingdom accrued considerable financial debts to the United States during and immediately after the First World War. In 1934, the British government unilaterally suspended payment on these debts. This book examines why the United Kingdom was one of the last major powers to default on its war debts to the United States and how these outstanding obligations affected political and economic relations between both governments. The British government's unpaid debts cast a surprisingly long shadow over policymaking on both sides of the Atlantic. Memories of British default would limit transatlantic cooperation before and after the Second World War, inform Congressional debates about the economic difficulties of the 1970s, and generate legal challenges for both governments up until the 1990s. More than a century later, the United Kingdom's war debts to the United States remain unpaid and outstanding. David James Gill provides one of the most detailed historical analyses of any sovereign default. He brings attention to an often-neglected episode in international history to inform, refine, and sometimes challenge the wider study of sovereign default.

Full Product Details

9798212069526

Table of Contents

Reviews

Author Information

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. James Cameron Stewart trained at Hull University and the Bristol Old Vic Theatre School. Some theater highlights of his thirty-six-year career include Frank-n-Furter (The Rocky Horror Show), Thenadier (Les Miserables), the poet Philip Larkin in Larkin with Women (Best Actor nominee, MEN Awards 2005), and originating the part of Hamish in Sir Alan Ayckbourn's Things We Do for Love. In 2008 he published his grandfather's World War I memoirs and toured his one-man show based on them from 2008 to 2011. His television/film credits include Outlander, Jericho, Flying Blind, Golden Years, Emmerdale, London's Burning, Eastenders, Coronation Street, Holby City, and Taggart. He often appears on Radio 4, and is a regular presenter on the weekly The Economist podcast. James loves recording audiobooks and is delighted to have had the opportunity to narrate such a variety of magnificent authors, from Seneca through Max Hastings and Antony Beevor, to superlative fiction by J. M. Coetzee, Michael Dibdin, Stuart MacBride, and more. James's upbringing alternated between the Home Counties and the Isle of Skye. In addition to being an actor, he is a nutritional therapist, a keen sailor, and is at his happiest when flying his hot-air balloon.

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available