MARC Record from marc_columbia

LEADER: 05127cam a2200433 a 4500
001 7838051
005 20221201040911.0
008 100318s2010 nyua b 001 0 eng
010 $a 2010011779
020 $a9780521112710
020 $a0521112710
024 $a40018028395
035 $a(OCoLC)ocn569552280
035 $a(OCoLC)569552280
035 $a(NNC)7838051
035 $a7838051
040 $aDLC$cDLC$dYDX$dERASA$dYDXCP$dOrLoB-B
042 $apcc
043 $ae------
050 00 $aHG3942$b.S78 2010
082 00 $a332.4/56094$222
100 1 $aStraumann, Tobias.$0http://id.loc.gov/authorities/names/no2008131995
245 10 $aFixed ideas of money :$bsmall states and exchange rate regimes in twentieth-century Europe /$cTobias Straumann.
260 $aNew York :$bCambridge University Press,$c2010.
300 $axix, 392 pages :$billustrations ;$c24 cm.
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
490 1 $aStudies in macroeconomic history
504 $aIncludes bibliographical references and index.
505 00 $gPART I.$tTHE INTERWAR YEARS -- $gOne.$tEarly Divergence -- $gTwo.$tThe Return to Prewar Parity -- $gThree.$tFear of Experiments -- $gFour.$tDissolution of the Gold Bloc -- $gPART II.$tAFTER BRETTON WOODS -- $gFive.$tFixed versus Floating -- $gSix.$tHard and Soft Pegs -- $gSeven.$tThe Swiss Exception -- $gEight.$tFloating in the North.
520 1 $a""Tobias Straumann's excellent book breaks new ground. Informed by abundant research in archives and by the most recent theories from political economy, it provides an elegant and unified picture of the reasons why small nations in Western Europe have fixed their exchange rates and prefer floating exchange rates."---Marc Flandreau, Graduate Institute of International Studies, Geneva" ""Tobias Straumann has written an important and wide-ranging book that draws on history, economics, and political science to explain the central role that small states have played in shaping Europe's exchange rate arrangements."---Harold James, Princeton University" ""A grand perspective on the small players of European monetary policy. This well-written, highly informative book will be a must-read for students of Europe's monetary history since 1918."---Albrecht Ritschl, London School of Economics" ""After recent strains in the Eurozone, Straumann's study of how exchange rate policy developed in Europe is particularly timely. His detailed study of the experience of small states before and after the Bretton Woods era of pegged exchange rates offers a refreshing perspective on a literature that has concentrated on the larger European economies. Of particular novelty is the analysis of Switzerland, Norway, and Sweden alongside Austria, Belgium, Denmark, and the Netherlands. Straumann draws on an impressive range of contemporary sources to reinterpret the choices made by policy makers using direct evidence rather than extrapolating motives from the quantitative data. This volume will particularly attract those interested in expanding their understanding of European monetary relations and the way that smaller states engage in the global system."---Catherine Schenk, University of Glasgow" ""A rich and thought-provoking study, which puts the monetary history of small European states into a new perspective. Straumann forcefully argues that size matters for monetary policy choices, for reasons far beyond the degree of economic integration."---Nikolaus Wolf, University of Warwick" "Most European countries are rather small, yet we know little about their monetary history. This book analyzes for the first time the experience of seven small states (Austria, Belgium, Denmark, the Netherlands, Norway, Sweden, and Switzerland) during the last hundred years, starting with the restoration of the gold standard after World War I and ending with Sweden's rejection of the Euro in 2003. The comparative analysis shows that, for most of the twentieth century, the options of policy makers were seriously constrained by a distinct fear of floating exchange rates. Only with the crisis of the European Monetary System (EMS) in 1992-1993 did the idea that a flexible exchange rate regime was suited for a small open economy gain currency. The book also analyzes the differences among small states and concludes that economic structures or foreign policy orientations were far more important for the timing of regime changes than domestic institutions and policies"--BOOK JACKET.
650 0 $aForeign exchange$zEurope.
650 0 $aMonetary policy$zEurope.
650 0 $aStates, Small.$0http://id.loc.gov/authorities/subjects/sh85127535
830 0 $aStudies in macroeconomic history.$0http://id.loc.gov/authorities/names/n99047820
856 42 $3Contributor biographical information$uhttp://www.loc.gov/catdir/enhancements/fy1007/2010011779-b.html
856 42 $3Publisher description$uhttp://www.loc.gov/catdir/enhancements/fy1007/2010011779-d.html
856 41 $3Table of contents only$uhttp://www.loc.gov/catdir/enhancements/fy1007/2010011779-t.html
852 00 $boff,bus$hHG3942$i.S78 2010