Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/330279 
Year of Publication: 
2024
Series/Report no.: 
CITP Working Paper No. 010
Publisher: 
Centre for Inclusive Trade Policy (CITP), University of Sussex Business School, Brighton
Abstract: 
What are the political consequences of de-globalization? We address this question in the context of Weimar Germany, which experienced a 67% decline in exports between 1928-1932. During this period, the Nazi party vote share increased from 3% to 37%. Using newly digitized data, we show that this surge was not driven by the direct effects of the export decline in manufacturing areas. At the same time, trade shock-induced declines in food prices spread economic hardship to rural hinterlands. We document that this indirect effect and the pro-agriculture policies put forward by the Nazis are instead key to explain their electoral success.
Subjects: 
Great Depression
Trade
Extremism
Nazi Party
Germany
JEL: 
F14
F44
N14
N44
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.