Globalizing Capital :A History of the International Monetary System

Publication subTitle :A History of the International Monetary System

Author: Eichengreen Barry;;;  

Publisher: Princeton University Press‎

Publication year: 2008

E-ISBN: 9781400828814

P-ISBN(Paperback): 9780691139371

Subject: F811.9 financial history

Keyword: 财政、金融

Language: ENG

Access to resources Favorite

Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.

Description

First published more than a decade ago, Globalizing Capital remains an indispensable part of the economic literature today. Written by renowned economist Barry Eichengreen, this classic book emphasizes the importance of the international monetary system for understanding the international economy. Brief and lucid, Globalizing Capital is intended not only for economists, but also a general audience of historians, political scientists, professionals in government and business, and anyone with a broad interest in international relations. Eichengreen demonstrates that the international monetary system can be understood and effectively governed only if it is seen as a historical phenomenon extending from the period of the gold standard to today's world of fluctuating prices. This updated edition continues to document the effect of floating exchange rates and contains a new chapter on the Asian financial crisis, the advent of the euro, the future of the dollar, and related topics. Globalizing Capital shows how these and other recent developments can be put in perspective only once their political and historical contexts are understood.

Chapter

International Solidarity

The Gold Standard and the Lender of Last Resort

Instability at the Periphery

The Stability of the System

Chapter Three: Interwar Instability

Chronology

Experience with Floating: The Controversial Case of the Franc

Reconstructing the Gold Standard

The New Gold Standard

Problems of the New Gold Standard

The Pattern of International Payments

Responses to the Great Depression

Banking Crises and Their Management

Disintegration of the Gold Standard

Sterling’s Crisis

The Dollar Follows

Managed Floating

Conclusions

Chapter Four: The Bretton Woods System

Wartime Planning and Its Consequences

The Sterling Crisis and the Realignment of European Currencies

The European Payments Union

Payments Problems and Selective Controls

Convertibility: Problems and Progress

Special Drawing Rights

Declining Controls and Rising Rigidity

The Battle for Sterling

The Crisis of the Dollar

The Lessons of Bretton Woods

Chapter Five: After Bretton Woods

Floating Exchange Rates in the 1970s

Floating Exchange Rates in the 1980s

The Snake

The European Monetary System

Renewed Impetus for Integration

Europe’s Crisis

Understanding the Crisis

The Experience of Developing Countries

Conclusions

Chapter Six: A Brave New Monetary World

The Asian Crisis

Emerging Instability

Global Imbalances

The Euro

International Currency Competition

Chapter Seven: Conclusion

Glossary

A

B

C

D

E

F

G

H

I

L

M

N

O

P

R

S

T

References

Index

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

R

S

T

U

V

W

The users who browse this book also browse


No browse record.