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Item Details
| Title:
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STRAINING AT THE ANCHOR
THE ARGENTINE CURRENCY BOARD AND THE SEARCH FOR MACROECONOMIC STABILITY 1881-1935 |
| By: |
Gerado Della Paolera, Alan A. Taylor, Taylor Alan M. |
| Format: |
Hardback |
| List price:
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£50.00 |
| Our price: |
£45.00 |
| Discount: |
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| You save:
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£5.00 |
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| ISBN 10: |
0226645568 |
| ISBN 13: |
9780226645568 |
| Availability: |
Usually dispatched within 1-3 weeks.
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| Stock: |
Currently 0 available |
| Publisher: |
THE UNIVERSITY OF CHICAGO PRESS |
| Pub. date: |
1 December, 2001 |
| Series: |
National Bureau of Economic Research - Long Term Factors in Economic |
| Pages: |
298 |
| Description: |
Organized chronologically, this text follows the flucuations of the Argentine economy, trying to ascertain why the country failed to achieve economic stability in the 20th century. The authors examine the various solutions that Argentina has tried to implement, including the "Caja de Conversion". |
| Synopsis: |
The "Argentine disappointment" - why Argentina persistently failed to achieve sustained economic stability during the 20th century - is an issue that has mystified scholars for decades. In "Straining at the Anchor", Gerardo della Paolera and Alan M. Taylor provide many of the missing links that help explain this important historical episode. Organized chronologically, this book follows the various fluctuations of the Argentine economy from its postrevolutionary volatility to a period of unprecedented prosperity to a dramatic decline from which the country has never fully recovered. The authors examine in depth the solutions that Argentina has tried to implement, such as the "Caja de Conversion", the nation's first currency board, which favoured a strict gold-standard monetary regime, the forerunner of the convertibility plan the nation has recently adopted. With many countries now using - or seriously contemplating -monetary arrangements similar to Argentina's, this important and persuasive study maps out one of history's most interesting monetary experiments to show what works and what doesn't. |
| Illustrations: |
15 halftones, 29 line drawings, 39 tables |
| Publication: |
US |
| Imprint: |
University of Chicago Press |
| Returns: |
Returnable |
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