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Greece and the Inter-War Economic Crisis$
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Mark Mazower

Print publication date: 1991

Print ISBN-13: 9780198202059

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198202059.001.0001

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The New Trade Regime

The New Trade Regime

(p.203) 8 The New Trade Regime
Greece and the Inter-War Economic Crisis


Oxford University Press

This chapter discusses the government's trade policy in response to the financial crisis. As Greece began to feel the effects of the crisis, it became obvious that more direct state intervention in trade, whether to promote exports or restrict imports, was required. Intervention could take many forms, ranging from the complete state monopolization of trade in certain commodities at one extreme to support for the private merchant at the other. Neither Liberals nor Populists were politically or ideologically prepared to abandon free trade in principle; as a result, the evolution of commercial policy showed rather clearly the equivocal way in which the economic crisis altered the balance of power between the state and private enterprise.

Keywords:   Greek monetary policy, financial crisis, commerce, trade policy, commercial policy

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