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A Perspective on the US Dollar after the Current Financial Crisis: Lessons from the Fall of the Pound Sterling and the Gold Standard after World War I

In: The Impact of the Economic Crisis on East Asia

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  • Lee-Rong Wang

Abstract

Written by a distinguished group of Asian social scientists, this study summarizes and synthesizes the economic impacts of the crisis on individual countries and their policy response since 2008, and in particular carefully scrutinizes the immediate and remote causes of the crisis. It not only offers an assessment of its impacts, and identifies specific country measures that can be undertaken to stabilize the situation, but also looks at the crisis from three important economic perspectives: that of a healthy fiscal system, international trade, and the energy market.

Suggested Citation

  • Lee-Rong Wang, 2011. "A Perspective on the US Dollar after the Current Financial Crisis: Lessons from the Fall of the Pound Sterling and the Gold Standard after World War I," Chapters, in: Daigee Shaw & Bih Jane Liu (ed.), The Impact of the Economic Crisis on East Asia, chapter 2, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14353_2
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    References listed on IDEAS

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    1. Eichengreen, Barry, 1996. "Golden Fetters: The Gold Standard and the Great Depression, 1919-1939," OUP Catalogue, Oxford University Press, number 9780195101133.
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