Political Economy of Exchange Rate Policy-Making

From the Gold Standard to the Euro

Inbunden, Engelska, 2004

AvS. Kettell,Steven Kettell

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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.