Author: William TATE (the Elder.)Publisher:
ISBN:
Category :
Languages : en
Pages : 250
Book Description
A Manual of Foreign Exchanges, in the direct, indirect, and cross operations of Bills of Exchange and Bullion, etc
Author: William TATE (the Elder.)Publisher:
ISBN:
Category :
Languages : en
Pages : 250
Book Description
A Manual of Foreign Exchanges, in the Direct, Indirect, and Cross Operations of Bills of Exchange and Bullion
Author: William TatePublisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 272
Book Description
The Glitter of Gold
Author: Marc FlandreauPublisher: OUP Oxford
ISBN: 0191531553
Category : Business & Economics
Languages : en
Pages : 344
Book Description
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 order to 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 emergence of 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.
A Manual of Exchanges
Author: William TatePublisher:
ISBN:
Category :
Languages : en
Pages : 248
Book Description
The Modern Cambist, forming a manual of foreign exchanges, etc. Second edition
Author: William TATE (the Elder.)Publisher:
ISBN:
Category :
Languages : en
Pages : 252
Book Description
The Modern Cambist: Forming a Manual of Foreign Exchanges, in the Different Operations of Bills of Exchange and Bullion; with Tables of Foreign Weights and Measures
Author: William Tate (the Elder.)Publisher:
ISBN:
Category :
Languages : en
Pages : 246
Book Description
British Museum Catalogue of printed Books
Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 464
Book Description
Practical Mercantile Correspondence
Author: William Anderson (merchant.)Publisher:
ISBN:
Category :
Languages : en
Pages : 334
Book Description
The Origins and Development of Financial Markets and Institutions
Author: Jeremy AtackPublisher: Cambridge University Press
ISBN: 0521895170
Category : Business & Economics
Languages : en
Pages : 497
Book Description
Leading historians examine how financial innovations have challenged established institutional arrangements from the seventeenth century to the present.
Land and Sea Tales. By the Old Sailor [M. H. Barker]. Illustrated by G. Cruikshank
![Land and Sea Tales. By the Old Sailor [M. H. Barker]. Illustrated by G. Cruikshank PDF](https://books.google.com/books/content/images/frontcover/PrJo-_svnMwC?fife=w80-h100)
Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 446
Book Description
