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We compare the resumption of convertibility into gold by the United States in 1879 and Britain in 1925 to ascertain the …
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We compare the resumption of convertibility into gold by the United States in 1879 and Britain in 1925 to ascertain the …
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. We first survey the experience of four broad international monetary regimes: the classical gold standard 1880–1914; the … interwar period in which a short-lived restoration of the gold standard prevailed; the postwar Bretton Woods international … monetary system (1946–1971) indirectly linked to gold; the recent managed float period (1971–1995). We then present in some …
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