Related Books

Do Old Habits Die Hard? Central Banks and the Bretton Woods Gold Puzzle
Language: en
Pages: 32
Authors: Eric Monnet
Categories: Business & Economics
Type: BOOK - Published: 2019-07-24 - Publisher: International Monetary Fund

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Why did monetary authorities hold large gold reserves under Bretton Woods (1944–1971) when only the US had to? We argue that gold holdings were driven by inst
Bucking the Buck
Language: en
Pages: 257
Authors: Daniel McDowell
Categories: Political Science
Type: BOOK - Published: 2023-03-24 - Publisher: Oxford University Press

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The US dollar is the world's indispensable currency. The dollar's preeminent status gives the United States enormous coercive powers which it flexes in the form
Balance of Power
Language: en
Pages: 212
Authors: Eric Monnet
Categories: Business & Economics
Type: BOOK - Published: 2024 - Publisher: University of Chicago Press

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"Reconsidering the limits-past, present, future-of the financial institutions that stand between us and the abyss. Two financial crises in two decades have expa
Gold as International Reserves: A Barbarous Relic No More?
Language: en
Pages: 37
Authors: Mr. Serkan Arslanalp
Categories: Business & Economics
Type: BOOK - Published: 2023-01-27 - Publisher: International Monetary Fund

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After moving slowly downward for the better part of four decades, central bank gold holdings have risen since the Global Financial Crisis. We identify 14 “act
A World of Public Debts
Language: en
Pages: 593
Authors: Nicolas Barreyre
Categories: Business & Economics
Type: BOOK - Published: 2020-10-26 - Publisher: Springer Nature

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This book analyzes public debt from a political, historical, and global perspective. It demonstrates that public debt has been a defining feature in the constru