An Economic Background to Munich
International Business and Czechoslovakia 1918–1938

This book analyses in depth direct foreign investment, foreign long-term loans and the activities of international cartels in Czechoslovakia in the interwar period.

Alice Teichova (Author)

9780521073967, Cambridge University Press

Paperback / softback, published 28 August 2008

444 pages
23.5 x 15.8 x 2.5 cm, 0.56 kg

The economic background to the dismemberment of Czechoslovakia at Munich in 1938 has not received the attention it deserves. This book helps to redress this imbalance by analysing in depth the web of foreign interests – direct foreign investment, foreign long-term loans and the activities of international cartels in Czechoslovakia in the interwar period. After the First World War Central and Southeast Europe became one of the major regions of the world to which capital from France, Great Britain and the United States was exported. Czechoslovakia played a central part in this development: foreign capital sought to invest in Czechoslovak industrial enterprises and banks, to make loans to the state, public institutions and private economic organizations and to influence production, prices and the market through cartel agreements. Dr Teichova discusses in detail the influence of foreign capital and business organizations in mining, the metallurgical industries, engineering, electrical industries, chemical industries and banking in the greater part of the modernized sector of the economy.

Introduction
1. The distribution of international investment
2. Foreign investment and international cartels in the economy of Czechoslovakia
3. Mining and metallurgy
4. Mechanical and electrical engineering
5. The chemical industry
6. Banking and longterm foreign loans
Conclusion.

Subject Areas: General & world history [HBG]