Bordo, Michael D.; Jonung, Lars - Economics Institute for Research (SIR), … - 2000
commitment to peg to a foreign currency will prevail.
.H\ ZRUGV: Gold standard, convertibility, monetary regimes, Bretton Woods … international experience.
3.1. The classical gold standard 1881-1913
3.2. World War I
3.3. The interwar period
3.4. World War II
3 …. This
differs from the concept of convertibility which developed after the breakdown of the classical gold standard in 1914 …