Author | : Brendan Brown |
File Size | : 41,8 Mb |
Publisher | : Routledge |
Language | : English |
Release Date | : 30 November 2017 |
ISBN | : 9781351346467 |
Pages | : 474 pages |
The Flight of International Capital by Brendan Brown Book PDF Summary
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.