Indian Currency and Finance: John Maynard Keynes’s Prismatic View of the International Monetary System
John Maynard Keynes put forward a number of proposals to reshape the international monetary system. Although variegated, they do have one characteristic in common—the rejection of freely flexible exchange rates—which, in a sense, is like a prism refracting the different shades of his many reform pla...
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Veröffentlicht in: | History of political economy 2015-06, Vol.47 (2), p.241-269 |
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description | John Maynard Keynes put forward a number of proposals to reshape the international monetary system. Although variegated, they do have one characteristic in common—the rejection of freely flexible exchange rates—which, in a sense, is like a prism refracting the different shades of his many reform plans. This is somewhat puzzling insofar as it clashes with Keynes’s call for activist monetary policy.
sheds light on the origins and arguments underlying this peculiar feature and is accordingly most significant in the development of Keynes’s work on the international monetary system. |
doi_str_mv | 10.1215/00182702-2884321 |
format | Article |
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source | Political Science Complete; Worldwide Political Science Abstracts; Business Source Complete |
subjects | Activism Economics Economists European History Exchange Rate Foreign exchange History Keynes, John Maynard Keynesian theory Monetary Policy Money Reform Studies U.S. History World Economy |
title | Indian Currency and Finance: John Maynard Keynes’s Prismatic View of the International Monetary System |
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