Bearce David H.:
Monetary Divergence
Domestic Policy Autonomy In The Post-Bretton Woods Era
The University Of Michigan Press (United States), 2007
Paperback, 208 pages
Size: 228x153 mm
ISBN: 9780472069613
ISBN-10: 0472069616
Monetary Divergence
Analyzes fiscal, monetary and exchange rate policy, demonstrating why the convergence thesis is overstated and misleading, and explaining how the evidence actually contradicts it. This book explains partisan economic differences in the capitalist global economy, and offers an explanation for the observed gap between governments' exchange rates.

