Golden Fetters: Gold Standard and the Great Depression, 1919-1939

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Oxford University Press, 1992 - Business & Economics - 448 pages
This book offers a reassessment of the international monetary problems that led to the global economic crisis of the 1930s. It explores the connections between the gold standard--the framework regulating international monetary affairs until 1931--and the Great Depression that broke out in 1929. Eichengreen shows how economic policies, in conjunction with the imbalances created by World War I, gave rise to the global crisis of the 1930s. He demonstrates that the gold standard fundamentally constrained the economic policies that were pursued and that it was largely responsible for creating the unstable economic environment on which those policies acted. The book also provides a valuable perspective on the economic policies of the post-World War II period and their consequences.

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Contents

JL Introduction
3
The Classical Gold Standard in Interwar Perspective
31
The Wartime Transition
67
Copyright

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About the author (1992)

Barry Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley. He is the author of "Capital Flows and Crises" (MIT Press, 2002) and other books.

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