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Cover image for book The Political Economy of Exchange Rate Policy-Making

The Political Economy of Exchange Rate Policy-Making

From the Gold Standard to the Euro
By:S. Kettell
Publisher:Springer Nature
Print ISBN:9781403920713
eText ISBN:9780230503526
Edition:0
Copyright:2004
Format:Page Fidelity

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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.