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Exchange Rate Regimes in the Twentieth Century (Paperback)
Loot Price: R981
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Exchange Rate Regimes in the Twentieth Century (Paperback)
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This book provides the first comprehensive and accessible account
of the evolution of exchange rate regimes in the twentieth century.
It presents a chronological, non-technical history and in doing so
manages to link the past with the present to shed new light on the
merits of different exchange rate systems.Since the golden age
before the First World War, the international monetary system has
experienced several changes in exchange rate regimes, alternating
between fixed and floating rate systems interspersed with managed
or dirty floats. The authors examine and assess the evolution of
exchange rate regimes since the First World War to the present day.
They discuss the forces that have brought about change in order to
determine how different regimes affected the economic environment.
They consider the merits or otherwise of the respective regimes and
assess the evidence and arguments for and against fixed and
floating exchange rate systems. Exchange Rate Regimes in the
Twentieth Century provides a coherent and manageable analysis of a
complex subject. It will prove invaluable to both undergraduates
and postgraduates studying economic history, international
economics and international studies.
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