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Exchange Rates and Economic Policy in the 20th Century by Professor Derek H. Aldcroft

Exchange Rates and Economic Policy in the 20th Century

Part of the Modern Economic and Social History Series


Exchange Rates and Economic Policy in the 20th Century by Professor Derek H. Aldcroft

The themes of this study are the exchange rate regimes chosen by policy makers in the twentieth century, the means used to maintain these regimes, and the impact of these decisions on individual national economies and the world economy in general. The book draws heavily on new research showing the lessons and the legacy left for policy makers by the gold standard and the attempt at its resurrection in the 1920s. In examining issues such as the gold exchange standard, the gold bullion standard, the experience of floating exchange rates, the Bretton Woods arrangements, the EMS and the ERM, and the Currency Board approach, there is a conscious attempt to draw out the relevance of history for policy makers now.

About the Author

Ross E. Catterall, Anglia University, Cambridge, UK, and Derek H. Aldcroft, University of Leicester, UK Ross E. Catterall, Derek H. Aldcroft, Scott Sumner, Michael J. Oliver, Allan Webster, Kieron Toner, Costas Karfakis, George Zis, Angelos Kotios.

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Book Info

Publication date

10th September 2004


Professor Derek H. Aldcroft

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Ashgate Publishing Limited an imprint of Taylor & Francis Ltd


340 pages


Economic theory & philosophy
Monetary economics
International economics



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