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dc.contributor.authorFrieden, Jeffry
dc.date.accessioned2017-07-24T19:42:33Z
dc.date.issued1994
dc.identifier.citationFrieden, Jeffry A. 1994. “Exchange Rate Politics: Contemporary Lessons from American History.” Review of International Political Economy 1 (1) (March): 81–103. doi:10.1080/09692299408434269.en_US
dc.identifier.issn0969-2290en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:33491212
dc.description.abstractThis essay makes two analytical points about the domestic and international politics of exchange rate issues. First, it argues that changes in the political prominence of currency values over time are best explained by changes in the level of international economic integration. The more cross‐border trade and investment takes place, the more national macroeconomic policies implicate the exchange rate, and the more exchange rates affect important socioeconomic actors. Second, the article provides a starting point to understand the pattern of domestic political conflict over currency values by analyzing the distributional impact of different currency regimes and levels. Internationally oriented economic groups prefer fixed exchange rates, domestically based groups prefer floating rates. Similarly, tradables producers prefer a relatively depreciated currency, producers of non‐tradable goods and services a relatively appreciated one. The arguments are brought to bear on American political conflict over the gold standard in the late 19th and early 20th century. They are then applied to analysis of the ongoing process of European monetary integration.en_US
dc.description.sponsorshipGovernmenten_US
dc.language.isoen_USen_US
dc.publisherInforma UK Limiteden_US
dc.relation.isversionofdoi:10.1080/09692299408434269en_US
dash.licenseMETA_ONLY
dc.titleExchange rate politics: Contemporary lessons from American historyen_US
dc.typeJournal Articleen_US
dc.date.updated2012-06-28T16:12:22Z
dc.description.versionVersion of Recorden_US
dc.relation.journalReview of International Political Economyen_US
dash.depositing.authorFrieden, Jeffry
dash.embargo.until10000-01-01
dc.identifier.doi10.1080/09692299408434269*
workflow.legacycommentsfile.contents scan Frieden emailed 2016-05-05 AD Frieden emailed 2017-02-25 MM meta.darken_US
dash.contributor.affiliatedFrieden, Jeffry


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