CHAPTER VII Summary and Conclusions

Chapters in this book

1. Frontmatter 1
2. PREFACE 7
3. CONTENTS 9
4. CHAPTER I French Financial and Monetary Institutions to 1924 The Financial and Fiscal Setting 13
5. The Franc during War and Reconstruction 25
6. CHAPTER II The Four-Sou Franc The End of the Germinal Franc 33
7. The French Economy in the Post-War Decade 53
8. Monetary Policy in the Reconstruction Decade 70
9. CHAPTER III " The Strongest Currency in the World " The Depression and the Treasury, 1929-1932 73
10. The " Golden Glow "—French Business Conditions, 1929-1932 83
11. The Aftermath of the Golden Glow 103
12. Depression and Deflation The Fight to Save the Gold Franc, 1933-1936 105
13. Depression and Stagnation 119
14. Why Deflation? 131
15. CHAPTER V Popular Front Experiments From Left to Right : The Monetary Policies of the Popular Front 138
16. Prosperity Unregained 156
17. Some Observations on the Blum Experiments 169
18. CHAPTER VI The Return to Confidence The Paper Franc, 1937-1939 172
19. Pre-War Business Conditions 186
20. CHAPTER VII Summary and Conclusions 196
21. APPENDIXES 213
22. BIBLIOGRAPHICAL NOTES 221
23. INDEX 227