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Dysfunctional Wartime Markets

The Economic History Podcast

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Economic Struggles in Occupied France

This chapter explores the complexities of the French economy during the German occupation in World War II, focusing on the exploitation and administrative divisions imposed by the occupiers. It discusses the mechanisms of resource extraction, wartime reparations, and the notion of odious debt within the context of Vichy France. Additionally, the chapter highlights the impact of financial repression and changing market dynamics, particularly in art investment, amid the economic turmoil of the war.

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