The gold standard revisited
Article Abstract:
Current exchange rate troubles are disturbingly similar to the gold standard crisis in Europe of the 1930s. The gold standard worked in the late 19th century and early 20th century because Britain dominated Europe and had large amounts of gold. When Britain's power waned, the gold standard collapsed.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Europe's currency tangle: the way ahead
Article Abstract:
Europe's ultimate goal of a single currency is not likely to be successful if monetary policymakers continue on the same path. A hard European Currency Unit should co-exist with individual national currencies during an interim transitional phase.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
The end of never-never land
Article Abstract:
If European Monetary Union is to work it must proceed more slowly and with inter-government cooperation. Economic policies of each of the European Community countries must be tightened and brought closer in line with other member's policies.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: A new rural strategy. Sustaining the new plans. An agency with potential
- Abstracts: The wrong man for Russia. Russia the not-so-great
- Abstracts: The high-rise can be redeemed. Populism doesn't mean vulgarity. Tenant participation: talking it over
- Abstracts: Ultimate solution. Currency jitters
- Abstracts: Finishing school: military academy remains crucible of officer class. Bangkok's night-riders: tryst with destiny