This book is about the evolution of international monetary policy. It traces the development of monetary policy from the 18th century to present. Beyond the historical dimension, it provides the salient reasons for monetary policy choices as time progressed. The main themes in the historical spectrum are mercantilism, the Gold Standard and monetary policy rules, dollarization, currency boards, monetary unions, stagflation, monetary sovereignty, currency manipulation, the legal framework for currency valuation, and innovative monetary policies to deal with stabilization issues in the twentieth and twenty first centuries.…mehr
This book is about the evolution of international monetary policy. It traces the development of monetary policy from the 18th century to present. Beyond the historical dimension, it provides the salient reasons for monetary policy choices as time progressed. The main themes in the historical spectrum are mercantilism, the Gold Standard and monetary policy rules, dollarization, currency boards, monetary unions, stagflation, monetary sovereignty, currency manipulation, the legal framework for currency valuation, and innovative monetary policies to deal with stabilization issues in the twentieth and twenty first centuries.
Christopher Warburton is an international economist with a Ph.D. from Fordham University in New York. He has taught several courses in economics, and he is author of several peer reviewed papers and books. He currently teaches economics at East Stroudsburg University in Pennsylvania, U.S.
Inhaltsangabe
Introduction Chapter 1 - Commodity money Chapter 2 - Fiat money and international law Chapter 3 - The inflation-output conundrum Chapter 4 - Currency substitution and management Chapter 5 - Financial crises and money managements Chapter 6 - Exchange rates as monetary policy tool Chapter 7 - Intervention in foreign exchange markets and the future of money Index
Introduction Chapter 1 - Commodity money Chapter 2 - Fiat money and international law Chapter 3 - The inflation-output conundrum Chapter 4 - Currency substitution and management Chapter 5 - Financial crises and money managements Chapter 6 - Exchange rates as monetary policy tool Chapter 7 - Intervention in foreign exchange markets and the future of money Index
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