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This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today could help cure inflation, high interest rates, and low productivity growth. The volume includes a review of the literature on the classical gold standard; studies the experience with gold in England, Germany, Italy, Sweden, and Canada; and perspectives on international linkages and the stability of price-level trends under the gold standard. The articles and commentaries reflect strong, conflicting views among hte participants on issues of central bank behavior, purchasing-power an interest-rate parity, independent monetary policies, economic growth, the "Atlantic economy," and trends in commodity prices and long-term interest rates. This is a thoughtful and provocative book.

Gold standard --- History --- Congresses. --- 336.743 --- 338 <09> --- -AA / International- internationaal --- CA / Canada --- DE / Germany - Duitsland - Allemagne --- GB / United Kingdom - Verenigd Koninkrijk - Royaume Uni --- IT / Italy - Italië - Italie --- SE / Sweden - Zweden - Suede --- 333.825 --- 331.155 --- 331.156 --- 331.162.21 --- 333.421.1 --- 333.452.1 --- 333.423 --- 333.450 --- 333.420.0 --- NBB congres --- -332.4222 --- Exchange standard, Gold --- Gold exchange standard --- Standard, Gold --- Currency question --- Gold --- International liquidity --- Money --- Bimetallism --- Muntstandaard. Gouden standaard. Zilveren standaard. Bimetallisme --- Economische geschiedenis --- -Congresses --- Deviezenpolitiek. Interventies. --- Geldwezen in de XIXe eeuw tot 1914. --- Geldwezen van 1914 tot 1945. --- Geschiedenis van de centrale banken. --- Gouden standaard. --- Goudmarkt. --- Het probleem van goud. --- Theorie van het deviezenverkeer. Theorie van de koopkrachtpariteit. --- Theorieën in verband met de keuze van de geldstandaard. Currency substitution. Foreign currency deposits. --- -336.743 --- 338 <09> Economische geschiedenis --- 336.743 Muntstandaard. Gouden standaard. Zilveren standaard. Bimetallisme --- -Gold standard --- 332.4222 --- AA / International- internationaal --- History&delete& --- Congresses --- Geldwezen in de XIXe eeuw tot 1914 --- Geldwezen van 1914 tot 1945 --- Geschiedenis van de centrale banken --- Theorieën in verband met de keuze van de geldstandaard. Currency substitution. Foreign currency deposits --- Gouden standaard --- Het probleem van goud --- Theorie van het deviezenverkeer. Theorie van de koopkrachtpariteit --- Goudmarkt --- Deviezenpolitiek. Interventies --- International finance --- Financial institutions, International --- E-books --- Fiat money --- Free coinage --- Monetary question --- Scrip --- Currency crises --- Finance --- Finance, Public --- Legal tender --- International financial institutions --- International monetary system --- International money --- International economic relations --- Gold standard - History - Congresses. --- gold standard, economics, economy, money, finances, great depression, 19th century, historical, history, exchange, rates, commodity standards, inflation, high interest rate, low productivity growth, literature review, england, germany, italy, sweden, canada, europe, international, stability, central bank, monetary policies, operations, transmission, business.