Author: Edward AtkinsonPublisher:
ISBN:
Category : Bimetallism
Languages : en
Pages : 310
Book Description
Bimetallism in Europe
Author: Edward AtkinsonPublisher:
ISBN:
Category : Bimetallism
Languages : en
Pages : 310
Book Description
Report ... upon the present status of bimetallism in Europe
Author: Edward AtkinsonBattles for the Standard
Author: Ted WilsonPublisher: Routledge
ISBN: 135172567X
Category : History
Languages : en
Pages : 185
Book Description
This title was first published in 2000. This is a history of the monetary developments in the international economy of the 19th century. It reviews the monetary developments in the core economies of the period: Britain, the United States, France, Germany, and also India. Particular attention is given to the expansion of the gold standard in the context of the intense national and international debates about the role of precious metals and the author also examines the conflict between supporters of gold, silver and bimetallism, both in terms of competing financial and economic theories and in terms of the varying social and cultural backgrounds that informed them. The main thrust of the work is that the sheer plurality of ideas and contexts helped to ensure the eventual victory of the gold standard, despite the inherent superiority of bimetallic systems.
Destabilizing the Global Monetary System: Germany’s Adoption of the Gold Standard in the Early 1870s
Author: Mr.Johannes WiegandPublisher: International Monetary Fund
ISBN: 1498301223
Category : Business & Economics
Languages : en
Pages : 28
Book Description
In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been prevalent in most German states until then. The reform sparked a series of steps in other countries that ultimately ended global bimetallism, i.e., a near-universal fixed exchange rate system in which (mostly) France stabilized the exchange value between gold and silver currencies. As a result, silver currencies depreciated sharply, and severe deflation ensued in the gold block. Why did Germany switch to gold and set the train of destructive events in motion? Both a review of the contemporaneous debate and statistical evidence suggest that it acted preemptively: the Australian and Californian gold discoveries of around 1850 had greatly increased the global supply of gold. By the mid-1860s, gold threatened to crowd out silver money in France, which would have severed the link between gold and silver currencies. Without reform, Germany would thus have risked exclusion from the fixed exchange rate system that tied together the major industrial economies. Reform required French accommodation, however. Victory in the Franco-Prussian war of 1870/71 allowed Germany to force accommodation, but only until France settled the war indemnity and regained sovereignty in late 1873. In this situation, switching to gold was superior to adopting bimetallism, as it prevented France from derailing Germany’s reform ex-post.
The History of Bimetallism in the United States
Author: James Laurence LaughlinPublisher:
ISBN:
Category : Bimetallism
Languages : en
Pages : 324
Book Description
Bimetallism
Author: Angela RedishPublisher: Cambridge University Press
ISBN: 9780521570916
Category : Business & Economics
Languages : en
Pages : 300
Book Description
A history of Western monetary systems and their preference to the bimetallism before 1800, first published in 2000.
Monetary Regimes in Transition
Author: Michael D. BordoPublisher: Cambridge University Press
ISBN: 0521030420
Category : Business & Economics
Languages : en
Pages : 413
Book Description
This important contribution to comparative economic history examines different countries' experiences with different monetary regimes. The contributors lay particular emphasis on how the regimes fared when placed under stress such as wars and or other changes in the economic environment. Covering the experience of ten countries over the period 1700SH1990, the book employs the latest techniques of economic analysis in order to understand why particular monetary regimes and policies succeeded or failed.
A Financial History of Western Europe
Author: Charles P. KindlebergerPublisher: Routledge
ISBN: 1136805788
Category : Business & Economics
Languages : en
Pages : 548
Book Description
This is the first history of finance - broadly defined to include money, banking, capital markets, public and private finance, international transfers etc. - that covers Western Europe (with an occasional glance at the western hemisphere) and half a millennium. Charles Kindleberger highlights the development of financial institutions to meet emerging needs, and the similarities and contrasts in the handling of financial problems such as transferring resources from one country to another, stimulating investment, or financing war and cleaning up the resulting monetary mess. The first half of the book covers money, banking and finance from 1450 to 1913; the second deals in considerably finer detail with the twentieth century. This major work casts current issues in historical perspective and throws light on the fascinating, and far from orderly, evolution of financial institutions and the management of financial problems. Comprehensive, critical and cosmopolitan, this book is both an outstanding work of reference and essential reading for all those involved in the study and practice of finance, be they economic historians, financial experts, scholarly bankers or students of money and banking. This groundbreaking work was first published in 1984.
The Bimetallist
Author: After the Famine
Author: Michael TurnerPublisher: Cambridge University Press
ISBN: 9780521890946
Category : Business & Economics
Languages : en
Pages : 336
Book Description
After the Famine examines the recovery in Irish agriculture in the wake of the disastrous potato famine of the 1840s, and presents an annual agricultural output series for Ireland from 1850 to 1914. Michael Turner's detailed 1996 study is in three parts: he analyses the changing structure of agriculture in terms of land use and peasant occupancy; he presents estimates of the annual value of Irish output between 1850 and 1914; and he assesses Irish agricultural performance in terms of several measures of productivity. These analyses are placed in the context of British and European agricultural development, and suggest that, contrary to prevailing orthodoxies, landlords rather than tenants were the main beneficiaries in the period leading up to the land reforms. After the Famine is an important contribution to an extremely controversial area of Irish social and economic history.