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Paperback The Political Economy of Exchange Rate Policy-Making: From the Gold Standard to the Euro Book

ISBN: 1349514934

ISBN13: 9781349514939

The Political Economy of Exchange Rate Policy-Making: From the Gold Standard to the Euro

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Format: Paperback

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Book Overview

Steven Kettell analyzes the development of exchange rate policymaking from a Marxist perspective. He examines and provides a new means of understanding three key policymaking episodes in Britain - the return to the gold standard in 1925, membership of the European Exchange Rate Mechanism from 1990-1992 and the possibility of joining the Single European Currency. The alternative means of understanding these policy episodes provides a basis for making wider generalizations about the political economy of exchange rate policymaking.

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