The rules of the game : international money and exchange rates / Ronald I. McKinnon.

Format:

Book

Author/Creator:

McKinnon, Ronald I.

Language:

English

Subjects (All):

International finance--History--19th century.

International finance.

International finance--History--20th century.

History.

Foreign exchange rates--History.

Foreign exchange rates.

Physical Description:

x, 558 pages : illustrations ; 24 cm

Place of Publication:

Cambridge, Mass. : MIT Press, [1996]

Summary:

The Rules of the Game brings together essays written over the course of thirty years by a major figure in the field. McKinnon analyzes and compares a wide variety of important international monetary regimes: the establishment of the gold standard in the nineteenth century, Bretton Woods, the dollar standard, floating exchange rates, the European Monetary System, and current proposals for reforming world monetary arrangements. The essays are unique in that they specify precisely the rules of the game for each international monetary regime - past, present, and future. For ease of reference, the book offers boxed summaries of each set of rules and then discusses their advantages and disadvantages, from the gold standard down to the author's proposal for a common monetary standard for the twenty-first century.

Notes:

Selected journal articles and essays from books published from the 1960's to the present.

Includes bibliographical references and index.

ISBN:

0262133180

OCLC:

32969075