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The Rules of the Game brings together essays written over the course of thirty years by a major figure in the field. McKinnon analyzes and compares a wide variety of important international monetary regimes: the establishment of the gold standard in the nineteenth century, Bretton Woods, the dollar standard, floating exchange rates, the European Monetary System, and current proposals for reforming world monetary arrangements.
The essays are unique in that they specify precisely the rules of the game for each international monetary regime - past, present, and future. For ease of reference, the book offers boxed summaries of each set of rules and then discusses their advantages and disadvantages, from the gold standard down to the author's proposal for a common monetary standard for the twenty-first century.
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Previews available in: English
Subjects
History, International finance, Foreign exchange ratesTimes
20th century, 19th centuryEdition | Availability |
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The rules of the game: international money and exchange rates
1996, MIT Press
in English
0262133180 9780262133180
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Edition Notes
Includes bibliographical references and index.
Selected journal articles and essays from books published from the 1960's to the present.
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