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Exchange Rates and Economic Policy in the 20th Century (Paperback)
Loot Price: R1,307
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Exchange Rates and Economic Policy in the 20th Century (Paperback)
Series: Modern Economic and Social History
Expected to ship within 12 - 17 working days
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The themes of this study are the exchange rate regimes chosen by
policy makers in the twentieth century, the means used to maintain
these regimes, and the impact of these decisions on individual
national economies and the world economy in general. The book draws
heavily on new research showing the lessons and the legacy left for
policy makers by the gold standard and the attempt at its
resurrection in the 1920s. In examining issues such as the gold
exchange standard, the gold bullion standard, the experience of
floating exchange rates, the Bretton Woods arrangements, the EMS
and the ERM, and the Currency Board approach, there is a conscious
attempt to draw out the relevance of history for policy makers now.
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