The political economy of exchange rate policy-making
from the gold standard to the Euro
- ISBN: 9781403920713
- Editorial: Palgrave MacMillan
- Fecha de la edición: 2004
- Lugar de la edición: Hampshire. Reino Unido
- Encuadernación: Cartoné
- Medidas: 23 cm
- Nº Pág.: 211
- Idiomas: Inglés
Steven Kettell analyzes the development of exchange rate policymaking from a Marxist perspective. He examines and provides a new means of understanding three key policymaking episodes in Britain - the return to the gold standard in 1925, membership of the European Exchange Rate Mechanism from 1990-1992 and the possibility of joining the Single European Currency. The alternative means of understanding these policy episodes provides a basis for making wider generalizations about the political economy of exchange rate policymaking. ÍNDICE: Themes, Schemes, and Exchange Rate Regimes The Political Economy of Exchange Rate Policy-Making Contextualising the Return to Gold The Return to the Gold Standard The Golden Shield The Collapse of the Strategy Britain's Membership of the Exchange Rate Mechanism Britain and the Single European Currency Conclusion : Exchange Rate Policy-Making Reconsidered
