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Managing the Franc Poincar: Economic Understanding and Political Constraint in French Monetary Policy, 1928-1936 (Studies in Macroeconomic History)
Managing the Franc Poincar: Economic Understanding and Political Constraint in French Monetary Policy, 1928-1936 (Studies in Macroeconomic History) Kenneth Mouré 0521522846 9780521522847 Defense of the franc Poincar_; dominated Frenc
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Managing the Franc Poincar: Economic Understanding and Political Constraint in French Monetary Policy, 1928-1936 (Studies in Macroeconomic History) by Kenneth Mouré

Defense of the franc Poincar_; dominated French economic policy during the Depression. While most countries took their currencies off gold to permit a wider range of domestic policies to foster recovery, in France policy makers resolved to preserve the gold parity of the franc by balancing the budget and lowering domestic prices. Novelty and experimentation were rejected in the conviction that a durable recovery was possible only through a return to strict neoclassical orthodoxy. Managing the franc Poincar_ examines French monetary management from 1928 to 1936 in order to explain this stubborn determination to achieve recovery through deflation despite evidence of its failures abroad. Through evaluation of French understanding of the Depression, French economic diplomacy in an era of economic nationalism, the evolving roles of the French treasury and the Bank of France in monetary management and policy determination, and attention to the fractious politics of the Third Republic, French monetary policy is set within its ideological, institutional and political contexts.

Author: Kenneth Mouré

Language: English

Edition: illustrated

Binding: Paperback

Pages: 324

Publisher: Cambridge University Press

Publication Date: 2002-04-30

Our Price: $17.09

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ISBN: 0521522846


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Kenneth Mouré (Edition: illustrated) Paperback


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