The Versailles Settlement, at the time of its creation a vital part of the Paris Peace Conference, suffers today from a poor reputation: despite its lofty aim to settle the world's affairs at a stroke, it is widely considered to have paved the way for a second major global conflict within a generation. Woodrow Wilson's controversial principle of self-determination amplified political complexities in the Balkans, and the war and its settlement bear significant responsibility for boundaries and related conflicts in today's Middle East. After almost a century, the settlement still casts a long shadow. This revised and updated edition of The Consequences of the Peace sets the ramifications of the Paris Peace treaties--for good or ill--within a long-term context. Alan Sharp presents new materials in order to argue that the responsibility for Europe's continuing interwar instability cannot be wholly attributed to the peacemakers of 1919-23. Marking the centenary of World War I and the approaching centenary of the Peace Conference itself, this book is a clear and concise guide to the global legacy of the Versailles Settlement.