Author: Gary O'Callaghan
Publisher:
ISBN: 9781557752819
Category : Business & Economics
Languages : en
Pages : 39
Book Description
Dated September 1993
The Structure and Operation of the World Gold Market
Author: Gary O'Callaghan
Publisher:
ISBN: 9781557752819
Category : Business & Economics
Languages : en
Pages : 39
Book Description
Dated September 1993
Publisher:
ISBN: 9781557752819
Category : Business & Economics
Languages : en
Pages : 39
Book Description
Dated September 1993
The Global Gold Market and the International Monetary System from the late 19th Century to the Present
Author: S. Bott
Publisher: Springer
ISBN: 1137306718
Category : Business & Economics
Languages : en
Pages : 359
Book Description
Using an inter-disciplinary and global approach this book examines the different roles gold played in the international economy from the late 19th century until today. It gives a complete and comprehensive overview of the many facets of the global gold market's organization from the extraction of this precious metal to its consumption.
Publisher: Springer
ISBN: 1137306718
Category : Business & Economics
Languages : en
Pages : 359
Book Description
Using an inter-disciplinary and global approach this book examines the different roles gold played in the international economy from the late 19th century until today. It gives a complete and comprehensive overview of the many facets of the global gold market's organization from the extraction of this precious metal to its consumption.
Building Trust in the International Monetary System
Author: Giovanni Battista Pittaluga
Publisher: Springer Nature
ISBN: 3030784916
Category : Business & Economics
Languages : en
Pages : 274
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.
Publisher: Springer Nature
ISBN: 3030784916
Category : Business & Economics
Languages : en
Pages : 274
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.
An Exchange Rate History of the United Kingdom
Author: Alain Naef
Publisher: Cambridge University Press
ISBN: 1108879691
Category : Business & Economics
Languages : en
Pages : 267
Book Description
How did the Bank of England manage sterling crises? This book steps into the shoes of the Bank's foreign exchange dealers to show how foreign exchange intervention worked in practice. The author reviews the history of sterling over half a century, using new archives, data and unseen photographs. This book traces the sterling crises from the end of the War to Black Wednesday in 1992. The resulting analysis shows that a secondary reserve currency such as sterling plays an important role in the stability of the international system. The author goes on to explore the lessons the Bretton Woods system on managed exchange rates has for contemporary policy makers in the context of Brexit. This is a crucial reference for scholars in economics and history examining past and current prospects for the international financial system. This title is also available as Open Access on Cambridge Core.
Publisher: Cambridge University Press
ISBN: 1108879691
Category : Business & Economics
Languages : en
Pages : 267
Book Description
How did the Bank of England manage sterling crises? This book steps into the shoes of the Bank's foreign exchange dealers to show how foreign exchange intervention worked in practice. The author reviews the history of sterling over half a century, using new archives, data and unseen photographs. This book traces the sterling crises from the end of the War to Black Wednesday in 1992. The resulting analysis shows that a secondary reserve currency such as sterling plays an important role in the stability of the international system. The author goes on to explore the lessons the Bretton Woods system on managed exchange rates has for contemporary policy makers in the context of Brexit. This is a crucial reference for scholars in economics and history examining past and current prospects for the international financial system. This title is also available as Open Access on Cambridge Core.
The Evolution of the International Monetary System
Author: Robert Triffin
Publisher:
ISBN:
Category :
Languages : en
Pages : 87
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 87
Book Description
A Global History of Gold Rushes
Author: Benjamin Mountford
Publisher: Univ of California Press
ISBN: 0520967585
Category : History
Languages : en
Pages : 347
Book Description
Nothing set the world in motion like gold. Between the discovery of California placer gold in 1848 and the rush to Alaska fifty years later, the search for the precious yellow metal accelerated worldwide circulations of people, goods, capital, and technologies. A Global History of Gold Rushes brings together historians of the United States, Africa, Australasia, and the Pacific World to tell the rich story of these nineteenth century gold rushes from a global perspective. Gold was central to the growth of capitalism: it whetted the appetites of empire builders, mobilized the integration of global markets and economies, profoundly affected the environment, and transformed large-scale migration patterns. Together these essays tell the story of fifty years that changed the world.
Publisher: Univ of California Press
ISBN: 0520967585
Category : History
Languages : en
Pages : 347
Book Description
Nothing set the world in motion like gold. Between the discovery of California placer gold in 1848 and the rush to Alaska fifty years later, the search for the precious yellow metal accelerated worldwide circulations of people, goods, capital, and technologies. A Global History of Gold Rushes brings together historians of the United States, Africa, Australasia, and the Pacific World to tell the rich story of these nineteenth century gold rushes from a global perspective. Gold was central to the growth of capitalism: it whetted the appetites of empire builders, mobilized the integration of global markets and economies, profoundly affected the environment, and transformed large-scale migration patterns. Together these essays tell the story of fifty years that changed the world.
Floating Coast: An Environmental History of the Bering Strait
Author: Bathsheba Demuth
Publisher: W. W. Norton & Company
ISBN: 0393635171
Category : History
Languages : en
Pages : 351
Book Description
Winner of the 2021 AHA John H. Dunning Prize Longlisted for the 2020 Cundill History Prize Named a Best Book of the Year by Nature, NPR, Library Journal, and Kirkus Reviews "A monument to a people and their land… an allegory of the world we have created." —Sven Beckert, author of Pulitzer Prize finalist Empire of Cotton: A Global History Floating Coast is the first-ever comprehensive history of Beringia, the Arctic land and waters stretching from Russia to Canada. The unforgiving territories along the Bering Strait had long been home to humans—the Inupiat and Yupik in Alaska, and the Yupik and Chukchi in Russia—before American and European colonization. Rapidly, these frigid lands and waters became the site of an ongoing experiment: How, under conditions of extreme scarcity, would modern ideologies of capitalism and communism control and manage the resources they craved? Drawing on her own experience living with and interviewing indigenous people in the region, Bathsheba Demuth presents a profound tale of the dynamic changes and unforeseen consequences that human ambition has brought (and will continue to bring) to a finite planet.
Publisher: W. W. Norton & Company
ISBN: 0393635171
Category : History
Languages : en
Pages : 351
Book Description
Winner of the 2021 AHA John H. Dunning Prize Longlisted for the 2020 Cundill History Prize Named a Best Book of the Year by Nature, NPR, Library Journal, and Kirkus Reviews "A monument to a people and their land… an allegory of the world we have created." —Sven Beckert, author of Pulitzer Prize finalist Empire of Cotton: A Global History Floating Coast is the first-ever comprehensive history of Beringia, the Arctic land and waters stretching from Russia to Canada. The unforgiving territories along the Bering Strait had long been home to humans—the Inupiat and Yupik in Alaska, and the Yupik and Chukchi in Russia—before American and European colonization. Rapidly, these frigid lands and waters became the site of an ongoing experiment: How, under conditions of extreme scarcity, would modern ideologies of capitalism and communism control and manage the resources they craved? Drawing on her own experience living with and interviewing indigenous people in the region, Bathsheba Demuth presents a profound tale of the dynamic changes and unforeseen consequences that human ambition has brought (and will continue to bring) to a finite planet.
A Guide to Good Money
Author: Brendan Brown
Publisher: Springer Nature
ISBN: 3031060415
Category : Business & Economics
Languages : en
Pages : 284
Book Description
Modern money, having now become a key tool of government economic policy and a source of massive tax revenues, has strayed far from its original purpose. This is doubly regrettable, as the better money functions at an individual level in satisfying demand for quality, the better it is for economic prosperity and freedom. This book presents how modern money works both in the domestic economy and globally, outlining the essence of what makes good money. How does modern money differ from this ideal? By focusing on the dichotomy between globalization on the one hand and modern money’s base in the nation state (or group of states) on the other hand, the book demonstrates how US dominance in determining monetary conditions globally has grown since the mid-1990s. The book then discusses the adverse consequences, many of which are camouflaged, of present money doctrines now so widely and radically applied, presenting novel research on how the US by pursuing bad monetary policies has been the catalyst to deepening geo-political danger. The book continues by setting out how the illusions of asset inflation will fade, most likely in the midst of economic and financial tumult. The forces which bring about that income emanate in part from the long-run costs of growing mal-investment and monopolization which occur under monetary inflation especially in the context of a digitalization revolution. Apologists for the present monetary regime rest much of their case on these illusions and on the contention that the bill for the costs comes only in the long run. This book dismantles that case. A Guide to Good Money provides readers with the sight of a pathway to a promised land of real prosperity founded on sound money beyond those lost illusions, and will be of interest to academics, students, practitioners, and central bankers.
Publisher: Springer Nature
ISBN: 3031060415
Category : Business & Economics
Languages : en
Pages : 284
Book Description
Modern money, having now become a key tool of government economic policy and a source of massive tax revenues, has strayed far from its original purpose. This is doubly regrettable, as the better money functions at an individual level in satisfying demand for quality, the better it is for economic prosperity and freedom. This book presents how modern money works both in the domestic economy and globally, outlining the essence of what makes good money. How does modern money differ from this ideal? By focusing on the dichotomy between globalization on the one hand and modern money’s base in the nation state (or group of states) on the other hand, the book demonstrates how US dominance in determining monetary conditions globally has grown since the mid-1990s. The book then discusses the adverse consequences, many of which are camouflaged, of present money doctrines now so widely and radically applied, presenting novel research on how the US by pursuing bad monetary policies has been the catalyst to deepening geo-political danger. The book continues by setting out how the illusions of asset inflation will fade, most likely in the midst of economic and financial tumult. The forces which bring about that income emanate in part from the long-run costs of growing mal-investment and monopolization which occur under monetary inflation especially in the context of a digitalization revolution. Apologists for the present monetary regime rest much of their case on these illusions and on the contention that the bill for the costs comes only in the long run. This book dismantles that case. A Guide to Good Money provides readers with the sight of a pathway to a promised land of real prosperity founded on sound money beyond those lost illusions, and will be of interest to academics, students, practitioners, and central bankers.
How a Ledger Became a Central Bank
Author: Stephen Quinn
Publisher: Cambridge University Press
ISBN: 1108603491
Category : Business & Economics
Languages : en
Pages : 339
Book Description
Before the US Federal Reserve and the Bank of England, the Bank of Amsterdam ('Bank') was a dominant central bank with a global impact on money and credit. How a Ledger Became a Central Bank draws on extensive archival data and rich secondary literature, to offer a new and detailed portrait of this historically significant institution. It describes how the Bank struggled to manage its money before hitting a modern solution: fiat money in combination with a repurchase facility and discretionary open market operations. It describes techniques the Bank used to monitor and stabilize money stock, and how foreign sovereigns could exploit the liquidity of the Bank for state finance. Closing with a discussion of commonalities of the Bank of Amsterdam with later central banks, including the Federal Reserve, this book has generated a great deal of excitement among scholars of central banking and the role of money in the macroeconomy.
Publisher: Cambridge University Press
ISBN: 1108603491
Category : Business & Economics
Languages : en
Pages : 339
Book Description
Before the US Federal Reserve and the Bank of England, the Bank of Amsterdam ('Bank') was a dominant central bank with a global impact on money and credit. How a Ledger Became a Central Bank draws on extensive archival data and rich secondary literature, to offer a new and detailed portrait of this historically significant institution. It describes how the Bank struggled to manage its money before hitting a modern solution: fiat money in combination with a repurchase facility and discretionary open market operations. It describes techniques the Bank used to monitor and stabilize money stock, and how foreign sovereigns could exploit the liquidity of the Bank for state finance. Closing with a discussion of commonalities of the Bank of Amsterdam with later central banks, including the Federal Reserve, this book has generated a great deal of excitement among scholars of central banking and the role of money in the macroeconomy.
Chronicling Westerners in Nineteenth-Century East Asia
Author: Robert S.G. Fletcher
Publisher: Bloomsbury Publishing
ISBN: 1350238899
Category : History
Languages : en
Pages : 257
Book Description
This book presents intimate, engaging, and largely untold portraits of Western lives and livelihoods in Japanese and Chinese treaty ports, as well as in the British colonies of Hong Kong, Australia and New Zealand, during the 19th century. It does so by examining how Westerners 'chronicled' their overseas lives in personal letters, diplomatic dispatches, business records, and academic papers. By utilizing these rich but often overlooked sources, Chronicling Westerners in Nineteenth-Century East Asia presents new insights into the pace and challenges of daily life, especially in the Japanese treaty ports of Nagasaki and Yokohama but also in Shanghai and Hong Kong. In the process, the volume stresses the 'connectivities' between its subjects, as Westerners' lives intersected, and as they moved between Japanese and Chinese port cities. Contributors based in the USA, Japan, the UK, New Zealand and Switzerland reveal the various commercial, maritime, and imperial connections, linked in surprising ways to Westerners in East Asia portrayed here, which shaped colonial development in Australia and New Zealand. Through a broad investigation of Westerners recording their lives, the book re-examines wider histories of the so-called 'openings' of China and Japan in the 1850s and 1860s, as well as how Westerners sought to make sense of these events, and to narrate their place within them. Finally the volume considers how flows of people, capital, commerce, and communications not only cut across the histories of distinct treaty ports in Japan and China, but also shows their implications for empire and exchange beyond East Asia, including Australia, New Zealand, and the 19th-century maritime world.
Publisher: Bloomsbury Publishing
ISBN: 1350238899
Category : History
Languages : en
Pages : 257
Book Description
This book presents intimate, engaging, and largely untold portraits of Western lives and livelihoods in Japanese and Chinese treaty ports, as well as in the British colonies of Hong Kong, Australia and New Zealand, during the 19th century. It does so by examining how Westerners 'chronicled' their overseas lives in personal letters, diplomatic dispatches, business records, and academic papers. By utilizing these rich but often overlooked sources, Chronicling Westerners in Nineteenth-Century East Asia presents new insights into the pace and challenges of daily life, especially in the Japanese treaty ports of Nagasaki and Yokohama but also in Shanghai and Hong Kong. In the process, the volume stresses the 'connectivities' between its subjects, as Westerners' lives intersected, and as they moved between Japanese and Chinese port cities. Contributors based in the USA, Japan, the UK, New Zealand and Switzerland reveal the various commercial, maritime, and imperial connections, linked in surprising ways to Westerners in East Asia portrayed here, which shaped colonial development in Australia and New Zealand. Through a broad investigation of Westerners recording their lives, the book re-examines wider histories of the so-called 'openings' of China and Japan in the 1850s and 1860s, as well as how Westerners sought to make sense of these events, and to narrate their place within them. Finally the volume considers how flows of people, capital, commerce, and communications not only cut across the histories of distinct treaty ports in Japan and China, but also shows their implications for empire and exchange beyond East Asia, including Australia, New Zealand, and the 19th-century maritime world.