International Financial History in the Twentieth Century by M... - 9780521143660

International Financial History in the Twentieth CenturySystem and Anarchy\nAuthor(s): Marc Flandreau, Carl-Ludwig Holtfrerich, Harold James\nFormat: Paperback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9780521143660, 978-0521143660\nSynopsis\nThe essays, written by leading experts, examine the history of the international financial system in terms of the debate about globalization and its limits. In the nineteenth century, international markets existed without international institutions. A response to the problems of capital flows came in the form of attempts to regulate national capital markets (for instance through the establishment of central banks). In the inter-war years, there were (largely unsuccessful) attempts at designing a genuine international trade and monetary system; and at the same time (coincidentally) the system collapsed. In the post-1945 era, the intended design effort was infinitely more successful. The .