Destabilizing the Global Monetary System : Germany's Adoption of the Gold Standard in the Early 1870s /

In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been prevalent in most German states until then. The reform sparked a series of steps in other countries that ultimately ended global bimetallism, id est, a near-universal fixed exchange rate...

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Hlavní autor: Wiegand, Johannes
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2019.
Edice:IMF Working Papers; Working Paper ; No. 2019/032
On-line přístup:Full text available on IMF