A History of Monetary Unions
In this comprehensive historical overview, the author writes about monetary unions with an admirable completeness and covers such themes as:
*The Gold Standard
*Monetary Unions in Countries and Areas from Latin America to The British Empire to Japan and Korea with many in between
*EMU and its Policy Ramifications
*the CFA Franc Zone in the former French Colonies.
Written in readable and enjoyable prose, A History of Monetary Unions combines historical analysis with present day context. The book will be of great interest to students and academics involved in the study of money, banking and finance. It is also essential reading for anyone working in the financial sector.
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adjustment adopted assets Austria Austro-Hungarian Bank of England banknotes became bimetallism Bretton Woods Bretton Woods system British capital cent central bank century Chancellors Chapter Chown circulation coinage collapse colonies Commission convertible countries created currency area currency board currency reform deficit depreciation deutschmark devaluation discussed dollar dollarisation economic effectively Estonia euro Europe European Monetary Union exchange control exports fixed exchange rates fixed rate floating foreign currency France French German gold coins gold standard Hong Kong Hungary hyper-inflation Ibid inconvertible independent inflation initially interest rates introduced issue January Keynes later Latin Monetary Union legal tender loan London million monetary arrangements monetary policy monetary system money supply notes optimum currency area paper money parity payments period peso political postwar pound problem ratio republics reserves rouble Russia seigniorage silver coins stabilisation stable sterling area trade transactions treaty Zealand