Monetary Theory and Bretton Woods : The Construction of an International Monetary Order Hardback
by Filippo Cesarano
Part of the Historical Perspectives on Modern Economics series
Hardback
Description
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The severe shocks and monetary gyrations of the interwar years interacted with theoretical developments that superseded the rigid rules of commodity standards and led to the full-fledged conception of monetary policy.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.
Information
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Out of stock
- Format:Hardback
- Pages:262 pages
- Publisher:Cambridge University Press
- Publication Date:04/09/2006
- Category:
- ISBN:9780521867597
Other Formats
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Information
-
Out of stock
- Format:Hardback
- Pages:262 pages
- Publisher:Cambridge University Press
- Publication Date:04/09/2006
- Category:
- ISBN:9780521867597
