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Fixed ideas of money : = small states and exchange rate regimes in twentieth-century Europe /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	Fixed ideas of money :/ Tobias Straumann.
其他題名:	small states and exchange rate regimes in twentieth-century Europe /
作者:	Straumann, Tobias,
面頁冊數:	1 online resource (xix, 392 pages) :digital, PDF file(s). :
附註:	Title from publisher's bibliographic system (viewed on 05 Oct 2015).
標題:	Foreign exchange - Europe. -
電子資源:	https://doi.org/10.1017/CBO9780511750953
ISBN:	9780511750953 (ebook)

Fixed ideas of money : = small states and exchange rate regimes in twentieth-century Europe /
Straumann, Tobias,

Fixed ideas of money :small states and exchange rate regimes in twentieth-century Europe /Tobias Straumann. - 1 online resource (xix, 392 pages) :digital, PDF file(s). - Studies in macroeconomic history. - Studies in macroeconomic history..

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Early divergence -- The return to prewar parity -- Fear of experiments -- Dissolution of the gold bloc -- Fixed versus floating -- Hard and soft pegs -- The Swiss exception -- Floating in the north.

Most European countries are rather small, yet we know little about their monetary history. This book analyses for the first time the experience of seven small states (Austria, Belgium, Denmark, The Netherlands, Norway, Sweden, and Switzerland) during the last hundred years, starting with the restoration of the gold standard after World War I and ending with Sweden's rejection of the Euro in 2003. The comparative analysis shows that for the most part of the twentieth century the options of policy makers were seriously constrained by a distinct fear of floating exchange rates. Only with the crisis of the European Monetary System (EMS) in 1992-3 did the idea that a flexible exchange rate regime was suited for a small open economy gain currency. The book also analyses the differences among small states and concludes that economic structures or foreign policy orientations were far more important for the timing of regime changes than domestic institutions and policies.

ISBN: 9780511750953 (ebook)Subjects--Topical Terms:

800919
Foreign exchange
--Europe.

LC Class. No.: HG3942 / .S78 2010

Dewey Class. No.: 332.4/56094

Fixed ideas of money : = small states and exchange rate regimes in twentieth-century Europe /
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