Golden fetters : the gold standard and the Great Depression, 1919-1939 / Barry Eichengreen.

Format:

Book

Author/Creator:

Eichengreen, Barry J.

Series:

NBER series on long-term factors in economic development

Language:

English

Subjects (All):

Gold standard--History--20th century.

Gold standard.

Depressions--1929.

Depressions.

History.

Physical Description:

xix, 448 pages : illustrations, maps ; 24 cm.

Other Title:

Gold standard and the Great Depression, 1919-1939

Place of Publication:

New York : Oxford University Press, 1995.

Summary:

This book offers a reassessment of the international monetary problems that led to the global economic crisis of the 1930s. It explores the connections between the gold standard--the framework regulating international monetary affairs until 1931--and the Great Depression that broke out in 1929. Eichengreen shows how economic policies, in conjunction with the imbalances created by World War I, gave rise to the global crisis of the 1930s. He demonstrates that the gold standard fundamentally constrained the economic policies that were pursued and that it was largely responsible for creating the unstable economic environment on which those policies acted. The book also provides a valuable perspective on the economic policies of the post-World War II period and their consequences.

Contents:

Introduction

The classical gold standard in interwar perspective

The wartime transition

Postwar instability

The legacy of hyperinflation

Reconstructing the facade

The interwar gold standard in operation

Cracks in the facade

Crisis and opportunity

Tentative adjustments

The dollar and the World Economic Conference

Toward the tripartite agreement

Conclusion.

Notes:

Includes bibliographical references (pages 401-425) and index.

ISBN:

0195064313

9780195064315

0195101138

9780195101133

OCLC:

34383450

Publisher Number:

99940186729