Exchange Rate Chaos: 25 Years of Finance and Consumer Democracy

by Charles R. Geisst

Overview

The Bretton Woods system ensured a quarter of a century of relative stability on the world's financial markets. The quarter of a century which has followed has brought financial chaos and excessive financial volatility. Exchange Rate Chaos: 25 Years of Financial and Consumer Democracy describes and compares US and British financial history during this period.

It highlights:
* similarites in financial developments between the two countries
* consumer democracy: Have the wishes of consumers dominated exchange rate policy?
* The decline of the small investor and the hegemony of financial institutions
* How the floating exchange rates are manipulated to government advantage

One of the few financial histories to deal with the postwar period, this book shows how financial developments have shaped contemporary society and politics.

Product Details

ISBN-13:	9781134837168
Publisher:	Taylor & Francis
Publication date:	01/04/2002
Sold by:	Barnes & Noble
Format:	eBook
Pages:	192
File size:	1 MB

About the Author

Geisst, Charles R.

Table of Contents

INTRODUCTION 1 THE SYSTEM DISSOLVES 2 EMERGING CRISES 39 3 RESPONDING TO INFLATION 4 RISING INSTITUTIONALISM 5 BANKING REFORMS ON BOTH SIDES 6 BIG BANG AND BEYOND 7 BANKING REFORM AGAIN, CONCLUSION