Credit-Anstalt Crisis of 1931

Discover the profound insights of the Credit-Anstalt Crisis of 1931 by renowned author Shubert, published by Cambridge University Press in 1992. This compelling hardback edition spans 224 pages and delves deep into the Austrian financial crisis of 1931, exploring its significant repercussions across Europe and its connection to the Great Depression. Shubert employs various financial crisis theories to dissect the underlying causes of this pivotal event, while also evaluating the market's efficiency in anticipating such crises. Furthermore, the book investigates how the fallout from the Credit-Anstalt crisis affected the real economy and scrutinizes the responses of both Austrian and international authorities. This scholarly work is essential for anyone interested in economic history and the intricate dynamics of financial crises.