Fixed Ideas of Money Small States and Exchange Rate Regimes in Twentieth-Century Europe |
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| Author:
| Straumann, Tobias |
| Series title: | Studies in Macroeconomic History Ser. |
| ISBN: | 978-0-521-11271-0 |
| Publication Date: | Jun 2010 |
| Publisher: | Cambridge University Press
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| Book Format: | Hardback |
| List Price: | USD $103.00 |
Book Description:
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This book analyses for the first time the experience of seven small states (Austria, Belgium, Denmark, the Netherlands, Norway, Sweden, and Switzerland) during the last hundred years, starting with the restoration of the gold standard after World War I and ending with Sweden's rejection of the Euro in 2003. The comparative analysis shows that for the most part of the twentieth century the options of policy makers were seriously constrained by a distinct fear of floating exchange rates.
This book analyses for the first time the experience of seven small states (Austria, Belgium, Denmark, the Netherlands, Norway, Sweden, and Switzerland) during the last hundred years, starting with the restoration of the gold standard after World War I and ending with Sweden's rejection of the Euro in 2003. The comparative analysis shows that for the most part of the twentieth century the options of policy makers were seriously constrained by a distinct fear of floating exchange rates.