Building Trust in the International Monetary System: The Different Cases of Commodity Money and Fiat Money (Frontiers in Economic History) - Softcover

Buch 4 von 5: Frontiers in Economic History

Pittaluga, Giovanni Battista; Seghezza, Elena

 
9783030784935: Building Trust in the International Monetary System: The Different Cases of Commodity Money and Fiat Money (Frontiers in Economic History)
Softcover
ISBN 10: 3030784932 ISBN 13: 9783030784935
Verlag: Springer, 2022

Inhaltsangabe

This book presents the evolution of the international monetary system from the gold standard to the monetary system in force today. It adopts a political economy approach, emphasizing the economic and political conditions under which an international monetary system can come into existence and be maintained over time. This approach highlights how the gradual transition in the international context from commodity money to fiat money has been led by the need for greater elasticity of money supply and smooth adjustments. This transition, however, raises the issue of how to guarantee, over time, the value of a money devoid of intrinsic value. By presenting a historical evolution, the book explains how the existence of an international monetary system based on money without intrinsic value can only occur when a particular balance of power exists at the international level that allows for the production of trust in a fiat money.
 
The book is a must-read for scholars, researchers, and students in the fields of economic history and international monetary economics, interested in better understanding the evolution of the international monetary system.

Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.

Über die Autorin bzw. den Autor

​Giovanni B. Pittaluga is an Emeritus Professor of Economics at Genoa University (Italy). He has taught Monetary Economics at the Catholic University of Milan (Italy) and the Genoa University. He worked as an economist at the Research Department of Bank of Italy. Pittaluga has published numerous papers and books on monetary economics. 


Elena Seghezza is an Associate Professor of Macroeconomics at Genoa University (Italy). She previously worked as an economist at the Department of Economic Affairs of the Italian government and at the Organization for Economic Cooperation and Development (OECD). She has published several articles on Political Economy.

Von der hinteren Coverseite

This book presents the evolution of the international monetary system from the gold standard to the monetary system in force today. It adopts a political economy approach, emphasizing the economic and political conditions under which an international monetary system can come into existence and be maintained over time. This approach highlights how the gradual transition in the international context from commodity money to fiat money has been led by the need for greater elasticity of money supply and smooth adjustments. This transition, however, raises the issue of how to guarantee, over time, the value of a money devoid of intrinsic value. By presenting a historical evolution, the book explains how the existence of an international monetary system based on money without intrinsic value can only occur when a particular balance of power exists at the international level that allows for the production of trust in a fiat money.

 
The book is a must-read for scholars, researchers, and students in the fields of economic history and international monetary economics, interested in better understanding the evolution of the international monetary system.

„Über diesen Titel“ kann sich auf eine andere Ausgabe dieses Titels beziehen.

Verlag
Springer
Erscheinungsdatum
2022
Sprache
Englisch
ISBN 10 
3030784932
ISBN 13 
9783030784935
Einband
Taschenbuch
Auflage
1
Anzahl der Seiten
288
Kontakt zum Hersteller
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Deutschland

Weitere beliebte Ausgaben desselben Titels

9783030784904: Building Trust in the International Monetary System: The Different Cases of Commodity Money and Fiat Money (Frontiers in Economic History)

Vorgestellte Ausgabe

ISBN 10:  3030784908 ISBN 13:  9783030784904
Verlag: Springer, 2021
Hardcover