Abstract about the possibility of the cooperation among the Danube states in the world economic crisis 1929–1933
In my essay I tried to analyze the possibility of economic cooperation among the Central- and Eastern European countries during the world economic crisis 1929-1933. Special attention was given on the standpoints of different European supra powers such as France, Great-Britain, Italy and Germany in order to explain the reasons for the possible cooperation among the states in Central- and Eastern Europe.
Because of the Peace of Versailles the traditional economic, commercial and cultural links of the region were ceased. Most of countries followed protectionist and autarchical economic policy, which hindered them to sale their agricultural products in the world market. These facts underlined the necessity of building up an economic cooperation among the states of Danube.
There were several concepts and initiatives, elaborated by the French, German, English diplomacy to create a real economic unit among the countries in Central- and Eastern Europe, but the lack of compromise of the political elite, the unresolved question of Germany's indemnity and the conflict between the main European powers (France, Germany and Italy) were obstacles in the realization of the regional economic cooperation.