Chapter

Postwar Instability

Barry Eichengreen

in Golden Fetters

Published in print July 1996 | ISBN: 9780195101133
Published online November 2003 | e-ISBN: 9780199869626 | DOI: http://dx.doi.org/10.1093/0195101138.003.0004
Postwar Instability

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The chapter covers the postwar boom and slump, which provided a first indication of how radically the environment had changed since before World War I, although contemporaries did not appreciate its lessons adequately. The different sections of the chapter look at the transition to generalized floating of exchange rates, the postwar boom and the postwar slump (1919–1921), and the aftermath of these.

Keywords: boom; economic instability; exchange rates; floating exchange rates; interwar period; postwar boom; postwar slump; slump; World War I

Chapter.  11768 words.  Illustrated.

Subjects: Economic History

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