Tragedy of the Pound (Routledge Revivals)
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€51.99
A01=Paul Einzig
Author_Paul Einzig
bank
banks
britain
British Monetary Authorities
British monetary policy
Category=KC
Category=KF
central
Chinese Government
collapse of British currency system
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
exchange
External Reserves
External Short Term Liabilities
Follow
Foreign Central
Franco-American
Franco-American Credit
French Funds
gold
Gold Basis
Gold Exchange Standard
Gold Export Point
gold standard abandonment
Gold Stock
Government Issue
great
High Bank Rate
Inconvertible Paper Currency
international finance history
interwar economic crisis
macroeconomic instability
Post-war
Pre-war Parity
rate
reserves
standard
Sterling
Sterling Balances
sterling exchange rates
Unlimited
Vulnerable Currencies
Wall Street Boom
Wall Street Slump
World Price Level
Product details
- ISBN 9780415819428
- Weight: 400g
- Dimensions: 138 x 216mm
- Publication Date: 04 Jun 2014
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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First published in 1932, this book discusses the suspension of the gold standard in Britain, and the economic events surrounding September 1931. It argues that despite specific errors made by individuals, groups, and individual nations, the attempts to save the pound had little chance of recovery. Indeed, years before its collapse, powerful, fundamental factors had been eroding its stability. Hence, the author does not entirely blame the influence of French policy, or Great Britain’s political and economic decline after the war, but states that the collapse of sterling was co-ordinated by several factors of importance.
