International Political Economy: Perspectives on Global Power and Wealth, Fourth Edition

230 Hegemonic Stability Theories of the International Monetary System Adjustment Adjustment under the classical gold standard ha ...

Barry Eichengreen 231 Since fiscal harmonization requires no discussion in an era of balanced budgets, the stability of the clas ...

232 Hegemonic Stability Theories of the International Monetary System 1930s and 1940s, during the 1920s central banks placed inc ...

Barry Eichengreen 233 policies to be harmonized. The essential role of Britain before 1914 and the United States after 1944 was ...

234 Hegemonic Stability Theories of the International Monetary System of currency devaluation could have taken place, therefore, ...

Barry Eichengreen 235 In the first period, the most important source of incremental liquidity was dollar reserves. Between 1949 ...

236 Hegemonic Stability Theories of the International Monetary System reserves. Prudence dictated that foreign governments diver ...

Barry Eichengreen 237 What does this discussion imply for the role of hegemony in the provision of international liquidity? The ...

238 Hegemonic Stability Theories of the International Monetary System the form of most-favored-nation status for Germany, IMF ex ...

Barry Eichengreen 239 absorption, Britain’s budget deficit, in conjunction with the collapse of foreign demand for British expor ...

240 Hegemonic Stability Theories of the International Monetary System growth in such a way as to progressively reduce the econom ...

Barry Eichengreen 241 to foreign competitors. The weakness of this hypothesis is that it is predicated on the unsubstantiated as ...

242 Hegemonic Stability Theories of the International Monetary System Of the three monetary systems considered here, the classic ...

Barry Eichengreen 243 the United States imported gold, mainly from the Bank of England, which was charged with pegging the sterl ...

244 Hegemonic Stability Theories of the International Monetary System maintenance of international monetary stability. Moreover, ...

245 15 The Triad and the Unholy Trinity: Problems of International Monetary Cooperation BENJAMIN J.COHEN In this essay, Benjamin ...

246 The Triad and the Unholy Trinity: Problems of International Monetary Cooperation in practice have tended to ebb and flow cyc ...

Benjamin J.Cohen 247 (Technically, the size, and possibly even the sign, of policy multipliers is altered both at home and abroa ...

248 The Triad and the Unholy Trinity: Problems of International Monetary Cooperation each. All this demands expenditure of resou ...

Benjamin J.Cohen 249 prefer a return to uncoordinated pursuit of national self-interest. For others, however, it suggests instea ...