Get Free Shipping on orders over $79
Strained Relations : US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century - Michael D. Bordo

Strained Relations

US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century

By: Michael D. Bordo, Owen F. Humpage, Anna J. Schwartz

eText | 2 March 2015 | Edition Number 1

At a Glance

eText


$176.39

or 4 interest-free payments of $44.10 with

 or 

Instant online reading in your Booktopia eTextbook Library *

Why choose an eTextbook?

Instant Access *

Purchase and read your book immediately

Read Aloud

Listen and follow along as Bookshelf reads to you

Study Tools

Built-in study tools like highlights and more

* eTextbooks are not downloadable to your eReader or an app and can be accessed via web browsers only. You must be connected to the internet and have no technical issues with your device or browser that could prevent the eTextbook from operating.

During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances—most notably the abandonment of the international gold standard—and how political and bureaucratic factors affected this aspect of public policy.

on
Desktop
Tablet
Mobile

More in Economics, Finance, Business and Management

General Managers - John P. Kotter

eBOOK

$17.99

Manager as Negotiator - David A. Lax

eBOOK

Logistics Handbook - James F. Robeson

eBOOK

Communicating at Work - Tony Alessandra

eBOOK

Fair Play - Steven E. Landsburg

eBOOK

$9.99

The Synergy Trap - Mark L. Sirower

eBOOK

$16.99

Commitment - Pankaj Ghemawat

eBOOK

$27.99