International Money: A Collection of Essays: Economic History

Introduction; Part 1 International Money; Chapter 1 The Benefits of International Money; Chapter 2 The Politics of International Money and World Language; Chapter 3 Time and Money; Chapter 4 The Dollar and World Liquidity: a Minority View, Emile Despres, Walter S. Salant; Chapter 5 An Economist’s View of the Eurodollar Market: Two Puzzles; Chapter 6 The SDR as International Money; Chapter 7 The Price of Gold and the N—1 Problem; Chapter 8 Money Illusion and Foreign Exchange; Chapter 9 The Eurodollar and the Internationalization of United States Monetary Policy; Part 2 International Payments; Chapter 10 The Balance of Payments as Seen in the Economic Report of the President for 1966; Chapter 11 Measuring Equilibrium in the Balance of Payments; Chapter 12 Germany’s Persistent Balance-of-Payments Disequilibrium Revisited; Chapter 13 The Case for Fixed Exchange Rates, 1969; Chapter 14 Lessons of Floating Exchange Rates; Part 3 International Capital Markets; Chapter 15 Capital Movements and International Payments Adjustment; Chapter 16 The Pros and Cons of an International Capital Market; Chapter 17 Less Developed Countries and the International Capital Market; Chapter 18 Quantity and Price, Especially in Financial Markets; Chapter 19 International Financial Intermediation for Developing Countries; Part 4 Toward a New Monetary World Order; Chapter 20 The International Monetary System; Chapter 21 Systems of International Economic Organization; Chapter 22 Optimal Economic Interdependence;

CHARLES P. KINDLEBERGER Ford International Professor of Economics, Emeritus, and Senior Lecturer Massachusetts Institute of Technology

This book was first published in 1981.