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The spread of currency convertibility is one of the most dramatic trends of the late twentieth century. It reflects the desire of policymakers to integrate their economies into the global trading system and to attract financial capital and direct investment from abroad.In this book a team of leading international economists and economic historians look at parallel situations in the history of the international monetary system, focusing in particular on the gold standard. The concluding chapter uses a case study of modern Portugal to draw out implications for modern international monetary

Currency convertibility --- -Gold standard --- -Money --- -AA / International- internationaal --- 333.111.40 --- 333.421.4 --- 333.421.1 --- 333.111.42 --- Economic history --- Money --- -Currency convertibility --- -332.452 --- Exchange standard, Gold --- Gold exchange standard --- Standard, Gold --- Currency question --- Gold --- International liquidity --- Bimetallism --- Convertibility of currency --- Foreign exchange --- Currency --- Monetary question --- Money, Primitive --- Specie --- Standard of value --- Exchange --- Finance --- Value --- Banks and banking --- Coinage --- Silver --- Silver question --- Wealth --- History --- -History --- -Gelduitgifte en gelddekking: algemeen. --- Gold exchange standard. --- Gouden standaard. --- goudreserves en deviezenreserves. --- -Currency convertibility. --- Currency convertibility - History - 20th century. --- Gold standard. --- Gold standard - History - 20th century. --- Money. --- Money - History - 20th century. --- Gold standard --- Business & Economics --- Currency convertibility. --- 332.452 --- AA / International- internationaal --- Gelduitgifte en gelddekking: algemeen --- goudreserves en deviezenreserves --- Gouden standaard