Free Delivery Over $100
|
|
|||
|
||||
OverviewDuring the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances most notably the abandonment of the international gold standard and how political and bureaucratic factors affected this aspect of public policy. Full Product DetailsAuthor: Michael D Bordo , Owen F Humpage , Anna J Schwartz (National Bureau of Economic Research, Massachusetts)Publisher: University of Chicago Press Imprint: University of Chicago Press ISBN: 9781322651545ISBN 10: 132265154 Pages: 453 Publication Date: 01 January 2015 Audience: General/trade , General Format: Electronic book text Publisher's Status: Active Availability: In stock  We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
||||
