Exchange Rate Chaos: 25 Years of Finance and Consumer Democracy, 1st Edition (Hardback) book cover

Exchange Rate Chaos

25 Years of Finance and Consumer Democracy, 1st Edition

By Charles R. Geisst

Routledge

192 pages

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Hardback: 9780415109819
pub: 1995-09-07
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Description

The Bretton Woods system ensured a quarter of a century of relative stability on the world's financial markets. The quarter of a century which has followed has brought financial chaos and excessive financial volatility. Exchange Rate Chaos: 25 Years of Financial and Consumer Democracy describes and compares US and British financial history during this period.

It highlights:

* similarites in financial developments between the two countries

* consumer democracy: Have the wishes of consumers dominated exchange rate policy?

* The decline of the small investor and the hegemony of financial institutions

* How the floating exchange rates are manipulated to government advantage

One of the few financial histories to deal with the postwar period, this book shows how financial developments have shaped contemporary society and politics.

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069000
BUSINESS & ECONOMICS / Economics / General