A Retrospective on the Classical Gold Standard, 1821-1931

A Retrospective on the Classical Gold Standard, 1821-1931 PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066924
Category : Business & Economics
Languages : en
Pages : 694

Get Book

Book Description
This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today could help cure inflation, high interest rates, and low productivity growth. The volume includes a review of the literature on the classical gold standard; studies the experience with gold in England, Germany, Italy, Sweden, and Canada; and perspectives on international linkages and the stability of price-level trends under the gold standard. The articles and commentaries reflect strong, conflicting views among hte participants on issues of central bank behavior, purchasing-power an interest-rate parity, independent monetary policies, economic growth, the "Atlantic economy," and trends in commodity prices and long-term interest rates. This is a thoughtful and provocative book.

A Retrospective on the Classical Gold Standard, 1821-1931

A Retrospective on the Classical Gold Standard, 1821-1931 PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066924
Category : Business & Economics
Languages : en
Pages : 694

Get Book

Book Description
This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today could help cure inflation, high interest rates, and low productivity growth. The volume includes a review of the literature on the classical gold standard; studies the experience with gold in England, Germany, Italy, Sweden, and Canada; and perspectives on international linkages and the stability of price-level trends under the gold standard. The articles and commentaries reflect strong, conflicting views among hte participants on issues of central bank behavior, purchasing-power an interest-rate parity, independent monetary policies, economic growth, the "Atlantic economy," and trends in commodity prices and long-term interest rates. This is a thoughtful and provocative book.

Monetary Economics

Monetary Economics PDF Author: Steven Durlauf
Publisher: Springer
ISBN: 0230280854
Category : Performing Arts
Languages : en
Pages : 384

Get Book

Book Description
Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.

A History of the Canadian Dollar

A History of the Canadian Dollar PDF Author: James Powell
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 124

Get Book

Book Description


Building Trust in the International Monetary System

Building Trust in the International Monetary System PDF Author: Giovanni Battista Pittaluga
Publisher: Springer Nature
ISBN: 3030784916
Category : Business & Economics
Languages : en
Pages : 274

Get Book

Book Description
This book presents the evolution of the international monetary system from the gold standard to the monetary system in force today. It adopts a political economy approach, emphasizing the economic and political conditions under which an international monetary system can come into existence and be maintained over time. This approach highlights how the gradual transition in the international context from commodity money to fiat money has been led by the need for greater elasticity of money supply and smooth adjustments. This transition, however, raises the issue of how to guarantee, over time, the value of a money devoid of intrinsic value. By presenting a historical evolution, the book explains how the existence of an international monetary system based on money without intrinsic value can only occur when a particular balance of power exists at the international level that allows for the production of trust in a fiat money. The book is a must-read for scholars, researchers, and students in the fields of economic history and international monetary economics, interested in better understanding the evolution of the international monetary system.

Good and Bad Trade

Good and Bad Trade PDF Author: Ralph George Hawtrey
Publisher:
ISBN:
Category : Depressions
Languages : en
Pages : 296

Get Book

Book Description


The Bank of England 1891-1944: Appendixes

The Bank of England 1891-1944: Appendixes PDF Author: Richard Sidney Sayers
Publisher: CUP Archive
ISBN: 9780521210669
Category : Business & Economics
Languages : en
Pages : 426

Get Book

Book Description


Central Banking in the Twentieth Century

Central Banking in the Twentieth Century PDF Author: John Singleton
Publisher: Cambridge University Press
ISBN: 1139495208
Category : Business & Economics
Languages : en
Pages : 351

Get Book

Book Description
Central banks are powerful but poorly understood organisations. In 1900 the Bank of Japan was the only central bank to exist outside Europe but over the past century central banking has proliferated. John Singleton here explains how central banks and the profession of central banking have evolved and spread across the globe during this period. He shows that the central banking world has experienced two revolutions in thinking and practice, the first after the depression of the early 1930s, and the second in response to the high inflation of the 1970s and 1980s. In addition, the central banking profession has changed radically. In 1900 the professional central banker was a specialised type of banker, whereas today he or she must also be a sophisticated economist and a public official. Understanding these changes is essential to explaining the role of central banks during the recent global financial crisis.

The Rise and Fall of the Gold Standard

The Rise and Fall of the Gold Standard PDF Author: Sir Charles Morgan-Webb
Publisher: Hassell Street Press
ISBN: 9781014744333
Category :
Languages : en
Pages : 208

Get Book

Book Description
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Money, History, and International Finance

Money, History, and International Finance PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066894
Category : Business & Economics
Languages : en
Pages : 288

Get Book

Book Description
This volume provides a critical evaluation of Anna J. Schwartz's work and probes various facets of the immense contribution of her scholarship—How well has it stood the test of time? What critiques have been leveled against it? How has monetary research developed over the years, and how has her influence been manifested? Bordo has collected five conference papers presented by leading monetary scholars, discussants' comments, and closing remarks by Milton Friedman and Karl Brunner. Each of these insightful surveys extends Schwartz's work and makes its own contribution to the fields of monetary history, theory, and policy. The volume also contains a foreword by Martin Feldstein and a selected bibliography of publications by Anna Schwartz.

Development Centre Studies Chinese Economic Performance in the Long Run

Development Centre Studies Chinese Economic Performance in the Long Run PDF Author: Maddison Angus
Publisher: OECD Publishing
ISBN: 9264163557
Category :
Languages : en
Pages : 196

Get Book

Book Description
The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.