IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-09580-3_2.html
   My bibliography  Save this book chapter

The Pre-war Gold Standard

In: External Constraints on Economic Policy in Brazil, 1889–1930

Author

Listed:
  • Winston Fritsch

    (Catholic University of Rio de Janeiro)

Abstract

Although since 1901 ever smaller coffee crops and the exchange rate stability achieved until 1904 had taken a little of the heat out of the debate on coffee problems, in 1905 unexpectedly large foreign capital inflow and export earnings resulted in upward pressures on the exchange rate which were beyond the powers of Banco da República, to offset.1 At the beginning of the year the bank let the rate float and after two unsuccessful attempts to peg it at higher levels, was finally able to regain control of the market in September and managed to stabilise it at around 30 per cent above its pre-rise level.

Suggested Citation

  • Winston Fritsch, 1988. "The Pre-war Gold Standard," Palgrave Macmillan Books, in: External Constraints on Economic Policy in Brazil, 1889–1930, chapter 2, pages 13-31, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-09580-3_2
    DOI: 10.1007/978-1-349-09580-3_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-09580-3_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.