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International Money: Postwar Trends and Theories By Paul de Grauwe

International Money: Postwar Trends and Theories
by Paul de Grauwe

Paul De Grauwe's successful history of international monetary relations. It includes an account of the EMS; full theoretical coverage of fixed exchange rate systems; coverage of chaos theory and near-rational behaviour; and new sections on speculating, target zones, and the importance of free capital mobility.
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International Money: Postwar Trends and Theories Summary


The period since the Second World war has been an eventful and often disturbing one in the international monetary field. Economic theories have been propounded and modified both to explain these events and to influence future choices made by economic actors. This history of international monetary relations shows both how theoretical development affected private developments, and how the theories themselves have been judged - and often discarded - on the basis of their perceived accordance with actuality. Exchange rate movements in particular are examined in the light of the absence of any generally accepted fundamental model, and the author deploys here his own theory based on the idea of bounded rationality. Finally, he looks ahead to future possibilities for the international monetary system. New in the Second Edition Fully revised and updated Includes an account of the EMS up till the end of 1995 Fuller theoretical coverage of fixed exchange rate systems, including the modelling of speculative attacks Covers chaos theory and near0rational behaviour Includes new sections on: speculators and speculative bubbles; target zones and other proposals for international monetary reform; the importance of free capital mobility and proposals to control capital movements.

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Additional information

Sku
GOR001727643
Title
International Money: Postwar Trends and Theories
Author
Condition
Very Good
Binding type
Hardback
Publisher
Oxford University Press
Year published
Number of pages
284
ISBN 10
019877513X
ISBN 13
9780198775133
Prizes
N/A
Cover note
Book picture is for illustrative purposes only, actual cover or edition may vary.
Note
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.