{"product_id":"fixed-ideas-of-money-small-states-and-exchange-rate-regimes-in-twentieth-century-europe-paperback-9781107616370","title":"Fixed Ideas of Money; Small States and Exchange Rate Regimes in Twentieth-Century Europe (Paperback \/ softback) 9781107616370","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eFixed Ideas of Money\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eSmall States and Exchange Rate Regimes in Twentieth-Century Europe\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThis book analyses how seven small European countries dealt with major financial crises in the last hundred years.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eTobias Straumann (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781107616370, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 30 January 2014\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e414 pages, 48 b\/w illus.  25 tables\u003cbr\u003e22.8 x 15.2 x 2.4 cm, 0.634 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e'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\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eMost European countries are rather small, yet we know little about their monetary history. This book analyses 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 the most part 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 1992–3 did the idea that a flexible exchange rate regime was suited for a small open economy gain currency. The book also analyses 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.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eIntroduction\u003cbr\u003e Part I. The Interwar Years: 1. Early divergence\u003cbr\u003e 2. The return to prewar parity\u003cbr\u003e 3. Fear of experiments\u003cbr\u003e 4. The dissolution of the gold bloc\u003cbr\u003e Part II. After Bretton Woods: 5. Fixed vs. floating\u003cbr\u003e 6. Hard and soft pegs\u003cbr\u003e 7. The Swiss exception\u003cbr\u003e 8. Floating in the north\u003cbr\u003e Conclusion.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Economic history [\u003ca title=\"See our other books on Economic history\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economic%20history%20%5BKCZ%5D%22\"\u003eKCZ\u003c\/a\u003e], Economics [\u003ca title=\"See our other books on Economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economics%20%5BKC%5D%22\"\u003eKC\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46004699758872,"sku":"9781107616370","price":34.56,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9781107616370i.jpg?v=1696770010","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/fixed-ideas-of-money-small-states-and-exchange-rate-regimes-in-twentieth-century-europe-paperback-9781107616370","provider":"Freshly Printed Books","version":"1.0","type":"link"}