The Federal Reserve's Role in the Global Economy: A Historical Perspective

The Federal Reserve's Role in the Global Economy: A Historical Perspective
ISBN-10
1316565300
ISBN-13
9781316565308
Category
Business & Economics
Pages
321
Language
English
Published
2016-04-01
Publisher
Cambridge University Press
Authors
Michael D. Bordo, Mark A. Wynne

Description

The importance of international considerations in the US Federal Reserve System's deliberations has become more and more important over time as global financial crises and events create ever stronger repercussions in the US economy. This book critically evaluates the role of the Federal Reserve System as a player in the international monetary system over the past one hundred years, starting with its initial responsibility under the gold standard and looking ahead to the challenges it will face in the twenty-first century under the fiat standard. The book is based on a conference of the same name held at the Federal Reserve Bank of Dallas in September 2014, as part of the Federal Reserve System's centennial, and contributors include many of the most highly regarded financial historians and policymakers.

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