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20世纪20年代,一战后的英国从自身实力出发,利用外交手段周旋于各个国家之间,在欧洲实行“扶德抑法”的政策;在远东,以牺牲英日同盟和中国的利益来与美合作,并利用日本在远东地区制约美国;对苏俄,站在资本主义的立场上进行反对,同时又从自身经济利益出发寻求与苏俄经贸合作。英国的这些政策在20年代取得了显著的成效。但随着时间的推移,英国实力的衰落越来越明显,当世界经济危机爆发,德国突飞猛进,实力超过英国,扩张的胃口日益增大时,英国不得不采取妥协,最终走上了绥靖的道路。
In the 1920s, after World War I, the United Kingdom proceeded from its own strength and diplomatic tactics were used in various countries to implement the policy of “safeguarding moral integrity and restraint” in Europe. At the expense of the British-Japanese allies and China in the Far East, Interests and to cooperate with the United States. Japan also used Japan to restrain the United States in the Far East; opposed Russia and Russia from the standpoint of capitalism while seeking economic and trade cooperation with Russia from its own economic interests. These British policies have achieved remarkable results in the 1920s. However, with the passage of time, the decline of the strength of Britain became more and more obvious. When the global economic crisis broke out, Germany surged ahead, its strength surpassed that of the United Kingdom, and its appetite for expansion was ever increasing. Britain had to compromise and eventually embarked on a path of appeasement.