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Fixed Ideas of Money
By:Tobias Straumann
Published on 2010-06-14 by Cambridge University Press

Most European countries are rather small, yet we know little about their monetary history. 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. Only with the crisis of the European Monetary System (EMS) in 1992–3 did the idea that a flexible exchange rate regime was suited for a small open economy gain currency. The book also analyses the differences among small states and concludes that economic structures or foreign policy orientations were far more important for the timing of regime changes than domestic institutions and policies.

This Book was ranked at 9 by Google Books for keyword Gold bloc.

Book ID of Fixed Ideas of Money's Books is Krhr2ClMur8C, Book which was written byTobias Straumannhave ETAG "W0CXYrh9sLU"

Book which was published by Cambridge University Press since 2010-06-14 have ISBNs, ISBN 13 Code is 9781139487719 and ISBN 10 Code is 113948771X

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