The Value of Money
Controversial Economic Cultures in Europe: Italy and Germany
Thanks to the collaboration with renowned economists and policymakers, the publication compares Italian and German macro-economic cultures and performances. When the Bretton Woods system crumbled and currencies lost their direct link to the dollar and their indirect link to gold, these two countries embarked upon strongly different monetary policies. This divergence was reflected in the evolution of the exchange rates: the value of one D-Mark increased from 170 Italian lira under Bretton Woods to 990 Italian lira at the start of European Monetary Union: an astounding devaluation of about 85 per cent for the lira! Firstly, the volume describes…
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Produktdetails
Weitere Autoren: Papadia, Francesco (Hrsg.) / Liermann Traniello, Christiane (Hrsg.) / Scotto, Matteo (Hrsg.)
- ISBN: 978-3-96966-480-3
- EAN: 9783969664803
- Produktnummer: 35839525
- Verlag: Nova Md
- Sprache: Deutsch
- Erscheinungsjahr: 2021
- Seitenangabe: 247 S.
- Masse: H23.3 cm x B16.1 cm x D2.5 cm 595 g
- Gewicht: 595
Über den Autor
Thomas Mayer (Gründungsdirektor, Flossbach von Storch Forschungsinstitut)Francesco Papadia (Fellow, Bruegel; Vorsitzender des Auswahlgremiums des Hellenic Financial Stability Fund und Vorsitzender von Prime Collateralised Securities) Christiane Liermann Traniello (Generalsekretärin, Villa Vigoni)Matteo Scotto (Research Fellow, Villa Vigoni)
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