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Afterword to Part IV

In: Essays in Economic History

Author

Listed:
  • Lawrence H. Officer

    (University of Illinois at Chicago)

Abstract

The essays on metallic standards (gold standard, silver standard, bimetallism) are compared to corresponding entries in the original Palgrave Dictionary. Commonalities are striking: delineation of institutional conditions required for a given standard, recognition of instability of each standard, and discussion of gold points. The “trilemma approach” is highlighted, with application to the gold standard and Bretton Woods system. The schizophrenic attitude of less-developed countries toward financing of the International Monetary Fund and the United Nations is explained.

Suggested Citation

  • Lawrence H. Officer, 2022. "Afterword to Part IV," Springer Books, in: Essays in Economic History, chapter 0, pages 295-300, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-95925-8_16
    DOI: 10.1007/978-3-030-95925-8_16
    as

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