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Managing the Franc Poincare, 1928-1936: Economic Understanding & Political Constraint in French Monetary Policy, 1928-1936

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Synopses & Reviews

Publisher Comments:

Defense of the franc Poincaré; dominated French economic policy during the Depression. While most countries took their currencies off gold to permit a wider range of domestic policies to foster recovery, in France policy makers resolved to preserve the gold parity of the franc by balancing the budget and lowering domestic prices. Novelty and experimentation were rejected in the conviction that a durable recovery was possible only through a return to strict neoclassical orthodoxy. Managing the franc Poincaréexamines French monetary management from 1928 to 1936 in order to explain this stubborn determination to achieve recovery through deflation despite evidence of its failures abroad. Through evaluation of French understanding of the Depression, French economic diplomacy in an era of economic nationalism, the evolving roles of the French treasury and the Bank of France in monetary management and policy determination, and attention to the fractious politics of the Third Republic, French monetary policy is set within its ideological, institutional and political contexts.

Synopsis:

Managing the Franc Poincaréis a study of French monetary policy during the Depression. It seeks to explain bankers’, politicians’and civil servants’stubborn pursuit of a deflationary way out of the crisis, despite evidence of its failures abroad.

Synopsis:

An explanation of France’s deflationary policy during the Depression.

Description:

Includes bibliographical references (p. 284-300) and index.

Table of Contents

Abbreviations used in notes; Acknowledgements; Introduction; 1. The depression in France; 2. French gold accumulation 1928 — 1932; 3. The world economic conference and the gold bloc; 4. The Bank of France: market control and interest rate policy; 5. The treasury and government finance; 6. The devaluation debate; 7. Devaluation of the Franc; Conclusion; Bibliography.

Product Details

ISBN:
9780521394581
Author:
Moure, Kenneth
Publisher:
Cambridge University Press
Editor:
Bordo, Michael D.
Author:
E
Author:
Bordo, Michael D.
Author:
Mour
Author:
Capie, Forrest
Author:
Mour??, Kenneth
Author:
Kenneth Mour
Author:
Redish, Angela
Author:
Kenneth
Location:
Cambridge England ;
Subject:
Monetary policy
Subject:
France
Subject:
Economic History
Subject:
France Economic policy 1918-1945.
Subject:
Monetary policy -- France -- History -- 20th century.
Subject:
Monetary policy -- France -- History.
Subject:
Money & Monetary Policy
Subject:
Europe - General
Subject:
Business-Accounting and Finance
Series:
Cambridge Studies in American Literature and Culture
Series Volume:
9368
Publication Date:
19910631
Binding:
Hardcover
Grade Level:
Professional and scholarly
Language:
English
Pages:
318

Related Subjects

Business » Accounting and Finance
Business » History and Biographies
History and Social Science » Economics » General
History and Social Science » World History » European History General
Religion » Comparative Religion » General
Science and Mathematics » Environmental Studies » Environment

Managing the Franc Poincare, 1928-1936: Economic Understanding & Political Constraint in French Monetary Policy, 1928-1936 New Hardcover
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Product details 318 pages Cambridge University Press - English 9780521394581 Reviews:
"Synopsis" by , Managing the Franc Poincaréis a study of French monetary policy during the Depression. It seeks to explain bankers’, politicians’and civil servants’stubborn pursuit of a deflationary way out of the crisis, despite evidence of its failures abroad.
"Synopsis" by , An explanation of France’s deflationary policy during the Depression.
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