Currency Politics

The Political Economy of Exchange Rate Policy

Business & Finance, Economics, Money & Monetary Policy, International Economics
Cover of the book Currency Politics by Jeffry A. Frieden, Princeton University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Jeffry A. Frieden ISBN: 9781400865345
Publisher: Princeton University Press Publication: December 28, 2014
Imprint: Princeton University Press Language: English
Author: Jeffry A. Frieden
ISBN: 9781400865345
Publisher: Princeton University Press
Publication: December 28, 2014
Imprint: Princeton University Press
Language: English

The exchange rate is the most important price in any economy, since it affects all other prices. Exchange rates are set, either directly or indirectly, by government policy. Exchange rates are also central to the global economy, for they profoundly influence all international economic activity. Despite the critical role of exchange rate policy, there are few definitive explanations of why governments choose the currency policies they do. Filled with in-depth cases and examples, Currency Politics presents a comprehensive analysis of the politics surrounding exchange rates.

Identifying the motivations for currency policy preferences on the part of industries seeking to influence politicians, Jeffry Frieden shows how each industry's characteristics—including its exposure to currency risk and the price effects of exchange rate movements—determine those preferences. Frieden evaluates the accuracy of his theoretical arguments in a variety of historical and geographical settings: he looks at the politics of the gold standard, particularly in the United States, and he examines the political economy of European monetary integration. He also analyzes the politics of Latin American currency policy over the past forty years, and focuses on the daunting currency crises that have frequently debilitated Latin American nations, including Mexico, Argentina, and Brazil.

With an ambitious mix of narrative and statistical investigation, Currency Politics clarifies the political and economic determinants of exchange rate policies.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The exchange rate is the most important price in any economy, since it affects all other prices. Exchange rates are set, either directly or indirectly, by government policy. Exchange rates are also central to the global economy, for they profoundly influence all international economic activity. Despite the critical role of exchange rate policy, there are few definitive explanations of why governments choose the currency policies they do. Filled with in-depth cases and examples, Currency Politics presents a comprehensive analysis of the politics surrounding exchange rates.

Identifying the motivations for currency policy preferences on the part of industries seeking to influence politicians, Jeffry Frieden shows how each industry's characteristics—including its exposure to currency risk and the price effects of exchange rate movements—determine those preferences. Frieden evaluates the accuracy of his theoretical arguments in a variety of historical and geographical settings: he looks at the politics of the gold standard, particularly in the United States, and he examines the political economy of European monetary integration. He also analyzes the politics of Latin American currency policy over the past forty years, and focuses on the daunting currency crises that have frequently debilitated Latin American nations, including Mexico, Argentina, and Brazil.

With an ambitious mix of narrative and statistical investigation, Currency Politics clarifies the political and economic determinants of exchange rate policies.

More books from Princeton University Press

Cover of the book Regulation and Public Interests by Jeffry A. Frieden
Cover of the book Poverty Knowledge by Jeffry A. Frieden
Cover of the book Birds of the West Indies by Jeffry A. Frieden
Cover of the book Addiction by Design by Jeffry A. Frieden
Cover of the book Mussolini's Intellectuals by Jeffry A. Frieden
Cover of the book Alban Berg and His World by Jeffry A. Frieden
Cover of the book Law, Politics, and Morality in Judaism by Jeffry A. Frieden
Cover of the book Guaranteed to Fail by Jeffry A. Frieden
Cover of the book Pursuits of Wisdom by Jeffry A. Frieden
Cover of the book Death by a Thousand Cuts by Jeffry A. Frieden
Cover of the book Inventing Falsehood, Making Truth by Jeffry A. Frieden
Cover of the book Early Modern Jewry by Jeffry A. Frieden
Cover of the book The Political Poetess by Jeffry A. Frieden
Cover of the book The Horse, the Wheel, and Language by Jeffry A. Frieden
Cover of the book The Optics of Life by Jeffry A. Frieden
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy