The Flight of International Capital

A Contemporary History

Business & Finance, Finance & Investing, Finance, Economics
Cover of the book The Flight of International Capital by Brendan Brown, Taylor and Francis
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Author: Brendan Brown ISBN: 9781351346467
Publisher: Taylor and Francis Publication: November 30, 2017
Imprint: Routledge Language: English
Author: Brendan Brown
ISBN: 9781351346467
Publisher: Taylor and Francis
Publication: November 30, 2017
Imprint: Routledge
Language: English

Originally published in 1987, The Flight of International Capital provides a fascinating comprehensive analysis of the history of international money movements. Taking 1931 as the turning point between old-style and modern methods of conducting monetary affairs, the book relates currency shifts and investment trends to political events. He deals with five eras in the history of international capital; the unsettled post-crash period 1931-1936; the flight of capital to the US before World War II; the dollar and Swiss Franc’s time as the only ‘hard monies’ till the late fifties; the emergence of the mark-dollar axis before 1971; and finally, the behaviour of floating currencies.

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Originally published in 1987, The Flight of International Capital provides a fascinating comprehensive analysis of the history of international money movements. Taking 1931 as the turning point between old-style and modern methods of conducting monetary affairs, the book relates currency shifts and investment trends to political events. He deals with five eras in the history of international capital; the unsettled post-crash period 1931-1936; the flight of capital to the US before World War II; the dollar and Swiss Franc’s time as the only ‘hard monies’ till the late fifties; the emergence of the mark-dollar axis before 1971; and finally, the behaviour of floating currencies.

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