US EditionBAFT's strategic independence in an era of geopolitical complexity
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BAFT's strategic independence in an era of geopolitical complexity
Try to conceptualise the financial landscape of 1921. In the direct aftermath of the First World War, many European economies were burdened by war debts and reparations, particularly Germany under the Treaty of Versailles; the US emerged as the world’s leading creditor nation, shifting the financial centre of gravity from London to New York; global trade and investment were disrupted; and the gold standard, though still influential, was under st…
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