Beschreibung:
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 monet
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