Abstract
An understanding of the workings of the gold standard system during the period covering the latter half of the nineteenth century and the present century until the beginning of the Bretton Woods system is essential if we are to seek some of the reasons for the present world monetary crisis. The period can be divided into three sections, 1850–1914, 1925–31 and 1931 onwards.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Notes
P. Einzig, The Case against Floating Exchange Rates (London: Macmillan, 1970).
One of the best accounts of the workings of the system is to be found in W. M. Scammell, International Monetary Policy (London: Macmillan, 1961).
Probably the best account of the record of the Bretton Woods system is to be found in Brian Tew, International Monetary Co-operation, 1945–70 (London: Hutchinson University Library, 1970).
See R. Trifin, The Return to Convertability: 1926–1931 and 1958—?, Banca Nazionale del Lavoro, Review, March 1959.
Author information
Authors and Affiliations
Copyright information
© 1974 Peter Coffey
About this chapter
Cite this chapter
Coffey, P. (1974). The World Monetary Order: Theory and Practice. In: The World Monetary Crisis. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-02315-8_1
Download citation
DOI: https://doi.org/10.1007/978-1-349-02315-8_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-02317-2
Online ISBN: 978-1-349-02315-8
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)