Title | : | The Flight of International Capital |
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Author | : | Brendan Brown |
Release | : | 2017-11-30 |
Kind | : | ebook |
Genre | : | Business & Personal Finance, Books, Economics, Finance |
Size | : | 6626030 |
Originally published in 1987, The Flight of International Capital provides a fascinating comprehensive analysis of the history of international money movements. Taking 1931 as the turning point between old-style and modern methods of conducting monetary affairs, the book relates currency shifts and investment trends to political events. He deals with five eras in the history of international capital; the unsettled post-crash period 1931-1936; the flight of capital to the US before World War II; the dollar and Swiss Franc’s time as the only ‘hard monies’ till the late fifties; the emergence of the mark-dollar axis before 1971; and finally, the behaviour of floating currencies. |