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Zusatztext "Even though written clearly, this book is a challenging read; it surprises readers with sudden enlightenment on profound concepts like the impossible trinity, substitution and income effects of currency, the Mundell-Fleming-Dornush Framework, the Dornush overshooting model, and the optimum currency area theory, among others. As the author relates these concepts to historical events, the reader is compelled to continue reading the book until its conclusion." ---Shishir Shakya, Review of Regional Studies Informationen zum Autor Jeffry A. Frieden is professor of Government at Harvard University and the author of many books, including Debt, Development, and Democracy (Princeton). Klappentext The exchange rate is the most important price in any economy! since it affects all other prices. Exchange rates are set! either directly or indirectly! by government policy. Exchange rates are also central to the global economy! for they profoundly influence all international economic activity. Despite the critical role of exchange rate policy! there are few definitive explanations of why governments choose the currency policies they do. Filled with in-depth cases and examples! Currency Politics presents a comprehensive analysis of the politics surrounding exchange rates. Zusammenfassung The exchange rate is the most important price in any economy, since it affects all other prices. Exchange rates are set, either directly or indirectly, by government policy. Exchange rates are also central to the global economy, for they profoundly influence all international economic activity. Despite the critical role of exchange rate policy, the Inhaltsverzeichnis Preface vii Acknowledgments xi Introduction The Political Economy of Currency Choice 1 Chapter 1 A Theory of Currency Policy Preferences 19 Chapter 2 The United States: From Greenbacks to Gold! 1862-79 49 Chapter 3 The United States: Silver Threats among the Gold! 1880-96 104 Chapter 4 European Monetary Integration: From Bretton Woods to the Euro and Beyond 137 Chapter 5 Latin American Currency Policy! 1970-2010 186 Chapter 6 The Political Economy of Latin American Currency Crises 220 Chapter 7 The Politics of Exchange Rates: Implications and Extensions 246 Conclusions 264 References 267 Index 283 ...
