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Elusive Stability : Essays in the History of International Finance, 1919-1939 - Barry Eichengreen

Elusive Stability

Essays in the History of International Finance, 1919-1939

Paperback Published: 14th June 1993
ISBN: 9780521448475
Number Of Pages: 348

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This volume provides a new interpretation of the operation and macroeconomic repercussions of the international monetary system during the interwar years. Each of the eleven essays is explicitly concerned with the role of exchange rates in macroeconomic fluctuations from the American and European perspective. The final essay examines interwar experience from a long-run perspective.

' ... new, impressive, and illuminating collection of essays from Professor Eichengreen ... His method of argument is rigorous and detached; and the algebra is happily not allowed to overwhelm the sense.' Douglas Jay, Financial Times 'This elegant and useful book belongs on the shelf of all serious students of twentieth-century monetary and financial history.' Journal of Interdisciplinary History 'This book is well written ... No other modern work covers this subject. A student with some knowledge of international finance could follow the argument even without the mathematical and statistical background required to evaluate the models that summarize the basic argument of each chapter.' Choice

List of tables
List of figures
List of charts
Acknowledgements
Introduction
Real exchange rate behavior under alternative international monetary regimes
Understanding 1921-27: inflation and economic recovery in the 1920s
Bank rate policy under the interwar gold standard with Mark W. Watson and Richard S. Grossman
The Bank of France and the sterilization of gold, 1926-1932
International policy coordination in historical perspective: a view from the interwar years
The economic consequences of the Franc PoincarT with Charles Wyplosz
Sterling and the tariff, 1929-32
Exchange rates and economic recovery in the 1930s with Jeffrey Sachs
The gold-exchange standard and the Great Depression
Hegemonic stability theories of the international monetary system
Notes
References
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521448475
ISBN-10: 0521448476
Series: Mfh
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 348
Published: 14th June 1993
Publisher: CAMBRIDGE UNIV PR
Country of Publication: GB
Dimensions (cm): 22.86 x 15.24  x 1.98
Weight (kg): 0.51

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