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...
Autore principale: | |
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2019.
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Serie: | IMF Working Papers; Working Paper ;
No. 2019/032 |
Accesso online: | Full text available on IMF |