Building Trust in the International Monetary System is popular PDF and ePub book, written by Giovanni Battista Pittaluga in 2021-07-15, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Building Trust in the International Monetary System can be Read Online from any device for your convenience.
Building Trust in the International Monetary System Book PDF Summary
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.
Detail Book of Building Trust in the International Monetary System PDF
- Author : Giovanni Battista Pittaluga
- Release : 15 July 2021
- Publisher : Springer Nature
- ISBN : 9783030784911
- Genre : Business & Economics
- Total Page : 274 pages
- Language : English
- PDF File Size : 14,6 Mb
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