Elusive Stability
Essays in the History of International Finance, 1919–1939
Paperback Engels 1993 9780521448475Samenvatting
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 the interwar experience from a long-term perspective.
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