Swiss Monetary History since the Early 19th Century
Description:... Cover -- Half-title -- Series information -- Title page -- Copyright information -- Table of contents -- List of Figures -- List of Tables -- Foreword -- Acknowledgments -- Introduction -- Part I Political and Economic Development of Switzerland -- 1 The Swiss Political System and General Economic Development since the Formation of the Federal State (1848) -- The Swiss Political System 1848-2010 -- Economic Growth: Per Capita GDP, Command GDP, and GNP -- Consumer Prices and Inflation -- Part II A Chronological Review of Swiss Monetary History in the Nineteenth and Twentieth Centuries -- 2 Creation of a National Currency (1848-1881) -- Money and Finance in Switzerland before 1850: Chaos of Coins and Currencies -- The Monetary Reform of 1850: Birth of the Swiss Franc -- The Latin Monetary Union -- Banknotes and Bank Regulation: From Free Banking to the Banknote Act of 1881 -- 3 The Long Road to a Swiss Central Bank (1881-1914) -- The Constitutional Revisions of 1874 and 1891 -- Why Opinion Turned in Favor of a Centralized Banknote Monopoly -- Institutional Structure, Mandate, and Instruments of the Swiss National Bank -- First Steps of the New Central Bank: the SNB under the International Gold Standard -- 4 World War I and the Postwar Period (1914-1929) -- Liquidity Crisis and Suspension of Convertibility, Banknotes as Legal Tender -- The SNB and Public Finances during the War -- Wartime Inflation -- Recession, Postwar Deflation, and Return to the Prewar Gold Parity: Monetary Policy without Fixed Exchange Rates -- The International Gold Exchange Standard and Restoration of Gold Convertibility -- 5 From the Great Depression to World War II (1929-1945) -- The Great Depression and the Gold Standard -- Switzerland during the Great Depression -- The Debate about Devaluation
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