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Overview
In this book, a distinguished group of economists and economic historians offer new insights into the working of the most important experiences in their field.Synopsis
In this book, a distinguished group of economists and economic historians offer new insights into the working of the most important experiences in their field.
Booknews
Economists and economic historians offer their insights into the major attempts to construct rules governing international monetary relations and exchange-rates over the past century and a half. Among them are 19th-century bimetallism, the classical gold standard, the failures of inter-war cooperation, Bretton Woods, the European Monetary System, the parallel currencies in the early Soviet Union, the fixed-rate dollar, and the Scandinavian Currency Union. The goal is not just to understand how the systems worked and failed, but to keep faulty scholarship from being used in creating new ones. The 11 papers were presented at a workshop in Arrabida, Portugal, in June 1993. Annotation c. Book News, Inc., Portland, OR (booknews.com)