The gold standard illusion : France, the Bank of France, and the international gold standard, 1914-1939
Did French gold policy cause the Great Depression? The Gold Standard Illusion draws on newly-available French records to test the gold standard interpretation of the Great Depression. It provides a history of French economic understanding, policy-making, and politics with regard to gold, monetary policy, and the key role of financial problems in political instability from 1914 to 1939.
History
xiv, 297 pages : illustrations ; 24 cm
9780199249046, 0199249040
48544538
Introduction ; 1. The gold standard and central banking to 1914 ; 2. The worm in the fruit ; 3. Deflation in practice ; 4. The franc in peril ; 5. The guillotine's clean cut: The Bank of France and the Poincare stabilization ; 6. Rather a faith than a theory: central bank co-operation, 1916-30 ; 7. The gold standard illusion ; 8. Towards modern central banking ; 9. Conclusions ; Appendix I ; Appendix II