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Political Economy of Money Emerging Fiat Monetary Regime

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George Macesich

Book Code: C6572

ISBN: 0-275-96572-4

ISBN-13: 978-0-275-96572-3

DOI:

152 pages

Praeger Publishers

Publication: 8/30/1999

List Price: $95.00 (UK Sterling Price: £54.95)

Availability: Print on demand

Media Type: Hardcover

Trim Size: 5 1/2 x 8 1/4

Subjects:

Description: Since 1971, when the Bretton Woods gold exchange standard ended, the world has been on a fiat monetary regime, with various fiat currencies managed according to the discretion of the issuing country. Inherent in this regime is a basic problem--the ease with which the system lends itself to political manipulation. This study examines the emerging fiat regime in a world of nation states determined to preserve their sovereignty from erosion by the global economy and places this process in its economic, historical, and political perspective.

Table of Contents:

Preface
The Issue of Money
Fiat Money: Historical Perspective
Muddling Through to a Fiat Monetary Regime: The Interwar Years
The Emerging Postwar Fiat Monetary Regime: Myth, Fact, and Fancy
Post-Bretton Woods Regime: Attempts at Reform
The International Monetary Fund and Its Prospects
Echoes from the Past
What Is to Be Done?
Bibliography
Index

LC Card Number: 99-17922

LCC Class: HG230

Dewey Class: 332


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