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Kenneth Mouré, Kenneth (University of California, Santa Barbara) Moure

Managing the Franc Poincaré

Name: Managing the Franc Poincaré
Author: Kenneth Mouré

Economic Understanding and Political Constraint in French Monetary Policy, 1928–1936

Paperback Engels 2002 9780521522847

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Defence of the franc Poincaré dominated French economic policy during the Depression. While most countries took their currencies off gold to permit a wider range of domestic policies to foster recovery, in France policy makers resolved to preserve the gold parity of the franc by balancing the budget and lowering domestic prices. Novelty and experimentation were rejected in the conviction that a durable recovery was possible only through a return to strict neoclassical orthodoxy. Managing the Franc Poincaré examines French monetary management from 1928 to 1936 in order to explain this stubborn determination to achieve recovery through deflation despite evidence of its failures abroad.

Specificaties

ISBN13:9780521522847

Taal:Engels

Bindwijze:Paperback

Aantal pagina's:324

Uitgever:Cambridge University Press

Serie:Studies in Macroecon

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Inhoudsopgave

Abbreviations used in notes; Acknowledgements; Introduction; 1. The depression in France; 2. French gold accumulation 1928–32; 3. The world economic conference and the gold bloc; 4. The Bank of France: market control and interest rate policy; 5. The treasury and government finance; 6. The devaluation debate; 7. Devaluation of the Franc; Conclusion; Bibliography.

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