Accounting for the fall of silver: hedging currency risk in long-distance trade with asia, 1870-1913
Auteur :
Schiltz, Michael
Éditeur :
Oxford University Press
ISBN :
9780198865025
Date de publication :
20 oct. 2020
Dimensions :
24,5 x 16,5 x 2,5 cm
Poids :
486 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Michael Schiltz analyses the efforts by nineteenth century banking to mitigate the effects of the depreciation of silver. He shows that strategies for hedging exchange rate risk were created earlier than traditionally thought, and explores the relationship between Great-Britain and its colonies in Asia, and the rise of Japan as a financial power.