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The E-Sylum: Volume 23, Number 7, February 16, 2020, Article 6

NEW BOOK: THE ROLE OF MONEY IN WARTIME

This one was published back in 2018, but I recently ran across it while looking for other things. The Role of Money in Wartime is the published proceedings of the Second Conference of the Museum of the Bank of Albania. Here's an excerpt from the opening address. -Editor

The Role of Money in Wartime As the title suggests, this Conference will address the role of money in wartime. In periods of wars and conflicts - history shows that, albeit relatively small, Albania has experienced many wars and conflicts - people have turned to the currency and precious metals. Hence, about 100 years ago, at the beginning of the World War I, Europe dived into one of the worst financial crises of the past century and many people and businesses rushed to convert their bank accounts and assets into cash and gold coins.

Meanwhile, in Albania, these events triggered a chaotic monetary circulation. In the absence of a national currency and due to the political military and economic developments during the War, diverse foreign currencies circulated across the country, mainly those of European and neighbouring countries, as well as American and Turkish ones.

You may see this conglomerate of denominations in the showcases of the Museum dedicated to the period of Independence and the World War I. Also, the showcases on the monetary circulation in Albania during World War II, in addition to the ones of Antiquity and Medieval periods, exhibit denominations that speak of the important and complicated relationships between money and war.

Here's an abbreviated table of contents. Something here for collectors and researchers in ancient coins, modern coins, and paper money. -Editor

  • Minting of Illyrian coins in wartime
  • Coinage and war in the territory of South Illyria (IV-I century BC)
  • Coinage in ancient warrior exchange systems between Greeks and non-Greeks
  • Byzantine Coins in Berat During the Byzantine-Anjevin Conflict (1258-1281)
  • Data on Monetary Circulation in Drisht
  • Albanian Captives, Pirates and privateers in the Mediterranean. Captivity and redemption of captives as an economic activity during the 16th-17th centuries.
  • Economic and Monetary Policy in Albania during the Interwar Period
  • The National Bank of Romania and Money Issues during World War One
  • The National Bank of Albania, relations with central authorities, September 1943 - October 1944
  • Western Europe or China? An economic interest assessment: why was Western Europe saved from communism by George Marshall at the beginning of the Cold War, 1945-1949, whereas Chiang Kai-shek’s nationalists were abandoned and left in the hands of Mao Zedong’s communists?

To read the complete book online, see:
https://www.bankofalbania.org/rc/doc/LIBRI_KONF_MUZEUT_2018
_anglisht_15837.pdf

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Wayne Homren, Editor

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