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Author: Henry Strakosch Publisher: ISBN: 9781330536322 Category : History Languages : en Pages : 44
Book Description
Excerpt from The South African Currency and Exchange Problem No apology is needed for the publication of this paper. The problem dealt with is not only of general interest, but its solution on right lines is of such surpassing importance to the well-being of the country that it can only be helpful if everyone who has given earnest thought to the subject submits bis conclusions to public scrutiny and criticism. The pamphlet has its origin in a request from the Prime Minister for an expression of the writer's views on the problem. The main portion of the paper, together with the writer's conclusions, were presented to General Smuts towards the end of last month. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Henry Strakosch Publisher: ISBN: 9781330536322 Category : History Languages : en Pages : 44
Book Description
Excerpt from The South African Currency and Exchange Problem No apology is needed for the publication of this paper. The problem dealt with is not only of general interest, but its solution on right lines is of such surpassing importance to the well-being of the country that it can only be helpful if everyone who has given earnest thought to the subject submits bis conclusions to public scrutiny and criticism. The pamphlet has its origin in a request from the Prime Minister for an expression of the writer's views on the problem. The main portion of the paper, together with the writer's conclusions, were presented to General Smuts towards the end of last month. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Sir Henry Strakosch Publisher: ISBN: 9781330644782 Category : Business & Economics Languages : en Pages : 34
Book Description
Excerpt from The South African, Currency and Exchange Problem Re-Examined The desirability of reaching at an early date a decision as to whether it is advisable that specie payments should be resumed by 30th June, 1923, as laid down in the Currency and Banking Act, 1920, makes it necessary to review the currency question as a whole. Having, at the request of the Prime Minister, re-examined the subject and having recently presented my report to the Government, I am publishing it in the hope that it may be helpful to the general public in forming a judgment of a subject which closely concerns every member of the community. I am indebted to Mr. Joseph Kitchin for the help he has given me by preparing the statistical data required for the consideration of this question. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Paul R. Masson Publisher: Rowman & Littlefield ISBN: 9780815797531 Category : Business & Economics Languages : en Pages : 248
Book Description
Africa is working toward the goal of creating a common currency that would serve as a symbol of African unity. The advantages of a common currency include lower transaction costs, increased stability, and greater insulation of central banks from pressures to provide monetary financing. Disadvantages relate to asymmetries among countries, especially in their terms of trade and in the degree of fiscal discipline. More disciplined countries will not want to form a union with countries whose excessive spending puts upward pressure on the central bank's monetary expansion. In T he Monetary Geography of Africa, Paul Masson and Catherine Pattillo review the history of monetary arrangements on the continent and analyze the current situation and prospects for further integration. They apply lessons from both experience and theory that lead to a number of conclusions. To begin with, West Africa faces a major problem because Nigeria has both asymmetric terms of trade—it is a large oil exporter while its potential partners are oil importers—and most important, large fiscal imbalances. Secondly, a monetary union among all eastern or southern African countries seems infeasible at this stage, since a number of countries suffer from the effects of civil conflicts and drought and are far from achieving the macroeconomic stability of South Africa. Lastly, the plan by Kenya, Tanzania, and Uganda to create a common currency seems to be generally compatible with other initiatives that could contribute to greater regional solidarity. However, economic gains would likely favor Kenya, which, unlike the other two countries, has substantial exports to its neighbors, and this may constrain the political will needed to proceed. A more promising strategy for monetary integration would be to build on existing monetary unions—the CFA franc zone in western and central Africa and the Common Monetary Area in southern Africa. Masson and Pattillo argue that the goal of a creating a s
Author: Deepak Lal Publisher: Princeton University Press ISBN: 1400837448 Category : Business & Economics Languages : en Pages : 335
Book Description
Reviving the Invisible Hand is an uncompromising call for a global return to a classical liberal economic order, free of interference from governments and international organizations. Arguing for a revival of the invisible hand of free international trade and global capital, eminent economist Deepak Lal vigorously defends the view that statist attempts to ameliorate the impact of markets threaten global economic progress and stability. And in an unusual move, he not only defends globalization economically, but also answers the cultural and moral objections of antiglobalizers. Taking a broad cross-cultural and interdisciplinary approach, Lal argues that there are two groups opposed to globalization: cultural nationalists who oppose not capitalism but Westernization, and "new dirigistes" who oppose not Westernization but capitalism. In response, Lal contends that capitalism doesn't have to lead to Westernization, as the examples of Japan, China, and India show, and that "new dirigiste" complaints have more to do with the demoralization of their societies than with the capitalist instruments of prosperity. Lal bases his case on a historical account of the rise of capitalism and globalization in the first two liberal international economic orders: the nineteenth-century British, and the post-World War II American. Arguing that the "new dirigisme" is the thin edge of a wedge that could return the world to excessive economic intervention by states and international organizations, Lal does not shrink from controversial stands such as advocating the abolishment of these organizations and defending the existence of child labor in the Third World.
Author: Henry Strakosch
Author: Henry Strakosch
Author: Sir Henry Strakosch
Author: Sir Henry Strakosch
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Author: J. van Rensburg
Author: Paul R. Masson
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Author: William Stanley Jevons
Author: Deepak Lal