The Economic Causes and Consequences of the First World War

The Economic

Causes and Consequences

of the First World War

EDITORS:

Ivan Vuja?i?

Mihail Arandarenko

Publisher

Publishing Center

Faculty of Economics, University of Belgrade

Kameni?ka 6, tel. 3021-045, faks 3021-065

E mail: cid@ekof.bg.ac.rs

Dean of the Faculty of Economics

Prof. Branislav Bori?i?, PhD

Director of the Publishing Centre

?or?e Mitrovi?, PhD

Designed and formatted by

?UGURA PRINT, Beograd

Printed by

?UGURA PRINT, Beograd

cugura.rs

Year

2015

Reviewers

Milica Uvali?

Slobodan G. Markovi?

Bo?idar Cerovi?

Circulation

300

ISBN: 978-86-403-1451-0

Publishing and printing supported by the Ministry of Education,

Science and Technological Development of the Republic of Serbia

? 2015.

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system

or transmitted in any form or by any means, electronic, mechanical, photocopying, recording

scanning or otherwise, except with a prior written permission of the publisher or authors.

Contents

1

Chapter 1

The Economic Causes and Consequences of the First World War:

Introduction and Overview

Ivan Vuja?i?, Mihail Arandarenko

PART I

13

Chapter 2

Stabilizing Southeastern Europe, Financial Legacies and

European Lessons from the First World War

John R. Lampe

33

Chapter 3

Theories of Imperialism and the First Globalization �C

Any Relevant Analogies?

Ivan Vuja?i?

73

Chapter 4

A Critical Appreciation of Schumpeter��s Theory of Imperialism

Kosta Josifidis, Alpar Lo?onc

91

Chapter 5

International Business and Investments at the Time of the First World War

Sandra Stojadinovi? Jovanovi?, Milena Jak?i?

105

Chapter 6

Causes and Consequences of the First World War:

The Agony of the Laissez-Faire

Aleksandra Prascevic

v

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