Download or read book Between the Dollar Sterling Gold Points written by Lawrence H. Officer and published by Cambridge University Press. This book was released on 2007-07-02 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates US-UK monetary relations, 1791 to 1931. It presents and examines data on the exchange rate with emphasis on the institutional and legal aspects. It will serve as a Dollar-Sterling handbook for those interested in this important aspect of international monetary history.
Download or read book Centres and Peripheries in Banking written by Even Lange and published by Routledge. This book was released on 2016-12-05 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a broad investigation into the relationship between the centre and the periphery in banking. Focusing on the historical development of financial markets, from their emergence in the early modern period to today's global financial and capital markets, the chapters investigate how local, national and international relationships have affected and helped shape the banking industry over three-hundred years. This wide-ranging discussion in time and place is provided by a group of international experts, encompassing bankers, economists, economic historians and historians, and will be of interest to all those with a scholarly or professional interest in the development of financial institutions.
Download or read book Essays in Economic History written by Lawrence H. Officer and published by Springer Nature. This book was released on 2022-10-05 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the culmination of and a collection of distinguished scholar Lawrence Officer’s principal research over 50 years of scholarly activity. The collection consists primarily of three topics on which the author has spent the major part of his research: purchasing power parity, standard of living, and monetary standards. There is also a unique chapter on economics and economic history in science fiction. This volume is ideal for academics, graduate and undergraduate students, and practitioners.
Download or read book Integration of Commodity Markets in History written by Giovanni Federico and published by Universidad de Sevilla. This book was released on 1998 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analiza la integración de los mercados de diferentes productos (café, trigo, carbón, algodón, patrón oro), y en su globalidad, en la Edad moderna y en la contemporánea.
Download or read book Strained Relations written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2015-03-02 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances—most notably the abandonment of the international gold standard—and how political and bureaucratic factors affected this aspect of public policy.
Download or read book Modern Perspectives on the Gold Standard written by Tamim Bayoumi and published by Cambridge University Press. This book was released on 1996 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Currency crises in Europe and Mexico during the 1990s provided stark reminders of the importance and the fragility of international financial markets. These experiences led some commentators to conclude that open international capital markets are incompatible with financial stability. But the pre-1914 gold standard is an obvious challenge to the notion that open capital markets are sources of instability. To deepen our understanding of how this system worked, this volume draws together recent research on the gold standard. Theoretical models are used to guide qualitative discussions of historical experience, while econometric methods are used to help the historical data speak clearly. The result is an overview of the gold standard, a survey of the relevant applied research in international macroeconomics, and a demonstration of how the past can help to inform the present.
Download or read book Credibility and the International Monetary Regime written by Michael D. Bordo and published by Cambridge University Press. This book was released on 2012-04-09 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents ten studies which combine historical narrative with econometrics to analyze the role of credibility in four monetary regimes.
Download or read book The Cambridge Economic History of the United States written by Stanley L. Engerman and published by Cambridge University Press. This book was released on 1996 with total page 1046 pages. Available in PDF, EPUB and Kindle. Book excerpt: This three volume work offers a comprehensive survey of the history of economic activity and economic change in the United States, and in those regions whose economies have at certain times been closely allied to that of the US.
Download or read book The Glitter of Gold written by Marc Flandreau and published by Oxford University Press, USA. This book was released on 2004-03-04 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the so far unexplored operation of the international monetary system that prevailed before the emergence of the international gold standard in 1873. Conventional wisdom has it that the emergence of gold as a global anchor was both an inescapable and desirable evolution, given the exchange rate stability it provided and Britain's economic predominance.This study draws on a wealth of archival sources and abundant new statistical evidence (fully detailed in the appendix) to demonstrate that global exchange rate stability always prevailed before the making of the gold standard. This was despite the heterogeneity among national monetary regimes, based on gold, silver, or both.The reason for the stability before the establishment of the gold standard is France's bimetallic system. France, by being in a position to trade gold for silver, and vice versa, effectively pegged the exchange rate between gold and silver at its legal ratio of 15.5. Part I of the book studies exactly how this mechanism worked. Part II focuses on the respective behaviour of private concerns and arbitrageurs on the one hand, and authorities such as the Bank of France on the other hand, in orderto underline the constraints and opportunities that were associated with bimetallism as an international regime. Finally, Part III provides a new view on the collapse of bimetallism and its replacement by a gold standard. It is argued that bimetallism might well have survived, and that the emergenceof the gold standard was by no means inescapable. Rather, it resulted from a massive coordination failure at both national and international levels - a failure that was a preview of the interwar collapse of the gold standard.
Download or read book Gold Standard In Theory History written by Marc Flandreau and published by Routledge. This book was released on 2005-08-18 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the first edition, published in 1985, much new research has been completed. This updated version includes five new essays, including a new introduction by Eichengreen and a discussion of the gold standard and the EU monetary debate.
Download or read book Monetary Standards and Exchange Rates written by Maria Cristina Marcuzzo and published by Routledge. This book was released on 2002-09-11 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume an international team of distinguished monetary historians examine the historical experience of exchange rate behaviour under different monetary regimes. The main focus is on metallic standards and fixed exchange rates, such as the gold standard. With its combination of thematic overviews and case studies of the key countries and periods, the book greatly enhances our understanding of past monetary systems.
Download or read book IMF History Volume 3 1945 1965 written by International Monetary Fund and published by International Monetary Fund. This book was released on 1996-02-29 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper comprises documents relating to the history of the IMF, including some that preceded the drafting of the Articles of Agreement. The paper highlights that the first draft of Lord Keynes’ plan for a Clearing Union was circulated within the British Treasury on September 8, 1941. A fourth draft was given to Ministers on February 11, 1942. The first definitive version of Mr. White’s plan for a stabilization fund was a mimeographed draft dated April 1942. This covered both the IMF and the World Bank.
Download or read book Handbook of Macroeconomics written by Michael Woodford and published by Elsevier. This book was released on 1999 with total page 822 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monetary Theory 16Th Edition written by M C Vaish and published by Vikas Publishing House. This book was released on 2009-11-01 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monetary Theory Is A Comprehensive Textbook That Meets The Needs Of Students At The Honours And Post-Graduate Level. The Sixteenth Edition Has Been Thoroughly Revised And Updated. The Book Is Divided Into Five Parts Viz Money And Prices; Trade Cycle And S
Download or read book Forex Forever written by Ranald C. Michie and published by Oxford University Press. This book was released on 2024-02-28 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world's largest market is that for foreign exchange with a turnover running into trillions per day. The mystery is why this market is dominated by trading in London when the US dollar is the main currency in use. What role is played by this market? To many it is a speculator's paradise, exposed to manipulation and contributing to currency volatility. For others it plays a central role in in the operation of the global banking system and a mechanism for maintaining currency stability. In Forex Forever, Ranald C. Michie seeks to provide answers to these and other questions by examining how the foreign exchange market has developed in the City of London over the past 150 years and uncovers its secret existence in London before the First World War. Michie explores how the City of London became the centre of the global foreign exchange market before 1914 through the international banking network, trading on the floor of the Stock Exchange, and the communications revolution that began with the telegraph. He investigates how that position was sufficient to make London the centre of a new foreign exchange market that emerged between the wars, survived the era of fixed exchange rates after the Second World War, and then flourished from 1970 onwards. This in-depth study helps to explain how and why the global monetary system has functioned since the middle of the nineteenth century.
Download or read book A Retrospective on the Bretton Woods System written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2007-12-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971. The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world.
Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
