U.K. and Floating Exchanges: A Debate on the Theoretical and Practical Implications, Volume 1 |
Contents
THE AUTHORS | 9 |
c National currencies not stable | 16 |
THE CASE AGAINST FLEXIBLE EXCHANGE RATES | 25 |
Copyright | |
6 other sections not shown
Common terms and phrases
1967 devaluation argument ARTHUR SELDON Balance of Payments balance-of-payments deficit balance-of-payments discipline banking country Bretton Woods system Britain capital market central banks co-operation competitive convertibility in 1958 crawling peg crisis decline deflation demand depreciation dollar domestic equilibrium Essays in International Euro-dollar market exchange rate system exports fixed exchange rate fixed-rate system flexible exchange rates flexible rates floating exchange rates floating pound foreign exchange market funds gold growth HAMISH GRAY important increases inflation internal prices International Economy International Finance international liquidity international monetary system international money market international trade JOHN BRUNNER longer-term mass of mobile ments million monetary authorities national currencies national monetary parity policy programme political prices and levels Princeton priorities problems Professor RALPH HARRIS reserve currency reserve role role of sterling Roosa second edition speculation Sterling Area sterling liabilities surplus trade and payments UK authorities UK policy UK's University world economy world trade