The Economic Causes and Consequences of the First World War

The Economic Causes and Consequences

of the First World War

EDITORS: Ivan Vujaci Mihail Arandarenko

Publisher Publishing Center Faculty of Economics, University of Belgrade Kamenicka 6, tel. 3021-045, faks 3021-065 E mail: cid@ekof.bg.ac.rs

Dean of the Faculty of Economics Prof. Branislav Borici, PhD

Director of the Publishing Centre ore Mitrovi, PhD

Designed and formatted by CUGURA PRINT, Beograd

Printed by CUGURA PRINT, Beograd

cugura.rs

Year 2015

Reviewers Milica Uvali Slobodan G. Markovi Bozidar 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 Chapter1 The Economic Causes and Consequences of the First World War: Introduction and Overview Ivan Vujaci, Mihail Arandarenko

PART I

13 Chapter2 Stabilizing Southeastern Europe, Financial Legacies and European Lessons from the First World War John R. Lampe

33 Chapter3 Theories of Imperialism and the First Globalization ? Any Relevant Analogies? Ivan Vujaci

73 Chapter 4 A Critical Appreciation of Schumpeter's Theory of Imperialism Kosta Josifidis, Alpar Losonc

91 Chapter 5 International Business and Investments at the Time of the First World War Sandra Stojadinovi Jovanovi, Milena Jaksi

105 Chapter 6 Causes and Consequences of the First World War: The Agony of the Laissez-Faire Aleksandra Prascevic

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