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Monetary Theory and Bretton Woods - The Construction of an International Monetary Order (Paperback) Loot Price: R928
Discovery Miles 9 280
Monetary Theory and Bretton Woods - The Construction of an International Monetary Order (Paperback): Filippo Cesarano

Monetary Theory and Bretton Woods - The Construction of an International Monetary Order (Paperback)

Filippo Cesarano

Series: Historical Perspectives on Modern Economics

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Loot Price R928 Discovery Miles 9 280 | Repayment Terms: R87 pm x 12*

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Over the twentieth century monetary theory played a crucial role in the evolution of the international monetary system. The severe shocks and monetary gyrations of the interwar years interacted with theoretical developments that superseded the rigid rules of commodity standards and led to the full-fledged conception of monetary policy. The definitive demise of the gold standard then paved the way for monetary reconstruction. Monetary theory was a decisive factor in the design of the reform proposals, in the Bretton Woods negotiations, and in forging the new monetary order. The Bretton Woods system - successful but nevertheless short-lived - suffered from latent inconsistencies, both analytical and institutional, which fatally undermined the foundations of the postwar monetary architecture and brought about the epochal transition from commodity money to fiat money.

General

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Series: Historical Perspectives on Modern Economics
Release date: November 2008
First published: November 2008
Authors: Filippo Cesarano
Dimensions: 221 x 150 x 20mm (L x W x T)
Format: Paperback - Trade
Pages: 264
ISBN-13: 978-0-521-73909-2
Categories: Books > Business & Economics > Economics > Macroeconomics > Monetary economics
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LSN: 0-521-73909-8
Barcode: 9780521739092

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