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Monetary Theory and Bretton Woods: The Construction of an International Monetary Order (Historical Perspectives on Modern Economics)

Filippo Cesarano




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 | #2399963 in eBooks |  2006-09-04 |  2006-09-04 | File type: PDF

||0 of 0 people found the following review helpful.| Does a good job of describing Bretton Woods, it's history and its effects|By 1000Books|I wanted to review Bretton Woods as it is one of the most massive changes in financial history. It is probably necessary to also review the time period and decisions leading to the fiat monetary system in conjunction with this book. This book follows through on its promises, describing in de| |"In this remarkable synthesis of the history of economic thought and the history of the international monetary system, Ceserano tells how the world made the transition from the gold standard in 1914 to fiat money in 1971....Highly recommended." -- Choice

Over the twentieth century monetary theory played a crucial role in the evolution of the international monetary system. The severe shocks and monetary gyrations of the interwar years interacted with theoretical developments that superseded the rigid rules of commodity standards and led to the full-fledged conception of monetary policy. The definitive demise of the gold standard then paved the way for monetary reconstruction. Monetary theory was a decisive factor in the d...

You easily download any file type for your device.Monetary Theory and Bretton Woods: The Construction of an International Monetary Order (Historical Perspectives on Modern Economics)   |  Filippo Cesarano.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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