Currency Convertibility : The Gold Standard and Beyond.
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Preliminaries -- CONTENTS -- 1 INTRODUCTION -- 2 THE OPERATION OF THE SPECIE STANDARD -- 3 THE ORIGINS OF THE GOLD STANDARD -- 4 SHORT-TERM CAPITAL MOVEMENTS UNDER THE GOLD STANDARD -- 5 THE GEOGRAPHY OF THE GOLD STANDARD Barry EichengreenMarc Flandreau -- 6 FIRST TO JOIN THE GOLD STANDARD, 1854 -- 7 LAST TO JOIN THE GOLD STANDARD, 1931 -- 8 MONETARY STABILITY, FISCAL DISCIPLINE AND ECONOMIC PERFORMANCE -- 9 CONVERGING TOWARDS A EUROPEAN CURRENCY STANDARD -- Index.
The spread of currency convertibility is one of the most dramatic trends of the late twentieth century. It reflects the desire of policymakers to integrate their economies into the global trading system and to attract financial capital and direct investment from abroad. In this book a team of leading international economists and economic historians look at parallel situations in the history of the international monetary system, focusing in particular on the gold standard. The concluding chapter uses a case study of modern Portugal to draw out implications for modern international monetary relations in Europe and for the rest of the world.
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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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