Respected international experts such as Michael Bordo, Larry Sjaastad and Ken Clements are brought together in a wonderfully well researched new book on this most important of topics. This comprehensive, well-written book provides all you need to know about Gold and the Modern World Economy.
'Addressing their topics with style and rigor, respected international experts discuss the role of gold throughout the history of economics, examining how it works as a commitment measurement and how its proce affects exchange management.'
Business Horizons Vol. 47 (5) Sept. / Oct. 2004
1. Gold and the World Economy - Overview 2. Western Australian Mineral Commodity Outlook - Gold 3. Gold as a Commitment Mechanism: Past, Present and Future 4. The Misuse of Central Bank Gold Holdings 5. International Barriers to Gold Trade 6. The Price of Gold and the Exchange Rate 7. The Determinants of Gold Price Exposure: An Australian Study 8. Output Response to Gold Prices: More Evidence for South Africa 9. Gold Production in Western Australia: An Econometric Analysis 10. An Analysis of the Implications for the Gold Mining Industry of Alternative Tax Policies: A Regional Disaggregated Model for Australia