This article explores how the Versailles Treaty was shaped by the effects of economic warfare 1914–1919. The First World War was in part an Allied economic war waged against the Central Powers in conditions of advanced economic and financial globalization. This was reflected in the treaty’s expropriation mechanisms, which were used to take control of German property, rights, and interests around the world. Whereas Articles 297 and 298 of the treaty legalized wartime seizures, the Reparations Section of the treaty also contained a provision, paragraph 18, that gave the Allies far-reaching confiscatory powers in the future. The article places these mechanisms in a wider political, legal and economic context, and traces how they became a bone of contention among the former belligerents in the interwar period.

本文探讨了1914年至1919年经济战的影响如何塑造《凡尔赛条约》。第一次世界大战部分是在先进的经济和金融全球化条件下针对中央大国发动的盟军经济战争。条约的征收机制反映了这一点，该机制被用来控制世界范围内德国的财产，权利和利益。条约第297条和第298条将战时扣押合法化，而条约赔偿科还包含第18段的规定，该规定赋予了盟国未来广泛的没收权力。这篇文章将这些机制置于更广泛的政治，法律和经济背景下，并追溯了它们如何成为两次世界大战期间前交战国之间争论的焦点。