LEADER 05122nam 2200709Ia 450 001 9910813576503321 005 20240418131215.0 010 $a1-281-22390-5 010 $a9786611223908 010 $a0-226-64558-4 024 7 $a10.7208/9780226645582 035 $a(CKB)1000000000403009 035 $a(EBL)408472 035 $a(OCoLC)437248210 035 $a(SSID)ssj0000251891 035 $a(PQKBManifestationID)11200735 035 $a(PQKBTitleCode)TC0000251891 035 $a(PQKBWorkID)10175464 035 $a(PQKB)10447685 035 $a(MiAaPQ)EBC408472 035 $a(DE-B1597)524326 035 $a(OCoLC)1058324668 035 $a(DE-B1597)9780226645582 035 $a(Au-PeEL)EBL408472 035 $a(CaPaEBR)ebr10216972 035 $a(CaONFJC)MIL122390 035 $a(EXLCZ)991000000000403009 100 $a20010504d2001 uy 0 101 0 $aeng 135 $aur||#|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aStraining at the anchor$b[electronic resource] $ethe Argentine Currency Board and the search for macroeconomic stability, 1880-1935 /$fGerardo della Paolera and Alan M. Taylor 205 $a1st ed. 210 $aChicago $cUniversity of Chicago Press$d2001 215 $a1 online resource (296 p.) 225 1 $aNBER series on long-term factors in economic development 300 $aDescription based upon print version of record. 311 $a0-226-64556-8 320 $aIncludes bibliographical references (p. 257-265) and indexes. 327 $tFront matter --$tNational Bureau of Economic Research --$tRelation of the Directors to the Work and Publications of the National Bureau of Economic Research --$tContents --$tList of Tables --$tList of Figures --$tList of Cartoons --$tA Note on the Cover --$tAcknowledgments --$t1. Introduction --$t2. Anchors Aweigh: The Drift toward Crisis in the 1880's --$t3. A Monetary and Financial Wreck: The Baring Crisis, 1890-91 --$t4. Collision Course: Macroeconomic Policies and the Crash --$t5. Relaunching the Gold Standard: From Monetary "Anemia'' to "Plethora'' and the Political Economy of Resumption, 1891-99 --$t6. Calm Before a Storm: The Gold Standard During the Belle Époque, 1899-1914 --$t7. Distress Signals: Financial Fragility in the Interwar Period --$t8. Bailing Out: Internal versus External Convertibility --$t9. Steering through the Great Depression: Institutions, Expectations, and the Change of Macroeconomic Regime --$t10. Postscript --$tAppendix 1. Historical Statistics --$tAppendix 2. The Law of National Guaranteed Banks --$tAppendix 3. Money Supply Periodization, 1884-1913 --$tAppendix 4. Money and Exchange Rates, 1884-1913 --$tAppendix 5. Instituto Movilizador de Inversiones Bancarias --$tAppendix 6. Humor, Politics, and the Economy --$tReferences --$tName Index --$tSubject Index 330 $aThe "Argentine disappointment"-why Argentina persistently failed to achieve sustained economic stability during the twentieth century-is an issue that has mystified scholars for decades. In Straining the Anchor, Gerardo della Paolera and Alan M. Taylor provide many of the missing links that help explain this important historical episode. Written chronologically, this book follows the various fluctuations of the Argentine economy from its post-revolutionary volatility to a period of unprecedented prosperity to a dramatic decline from which the country has never fully recovered. The authors examine in depth the solutions that Argentina has tried to implement such as the Caja de Conversión, the nation's first currency board which favored a strict gold-standard monetary regime, the forerunner of the convertibility plan the nation has recently adopted. With many countries now using-or seriously contemplating-monetary arrangements similar to Argentina's, this important and persuasive study maps out one of history's most interesting monetary experiments to show what works and what doesn't. 410 0$aNBER series on long-term factors in economic development. 606 $aCurrency boards$zArgentina$xHistory 606 $aCurrency question$zArgentina$xHistory 606 $aMonetary policy$zArgentina$xHistory 610 $aeconomic development, macroeconomics, argentine disappointment, stability, economy, economics, 20th century, historical episode, postrevolutionary volatility, unprecedented prosperity, dramatic decline, caja de conversion, currency board, gold-standard monetary regime, persuasive study, experiments, money, wealth, investments, policy, government, administration, baring crisis, belle epoque, national guaranteed banks, interwar years. 615 0$aCurrency boards$xHistory. 615 0$aCurrency question$xHistory. 615 0$aMonetary policy$xHistory. 676 $a339.5/3/0982 676 $a339.50982 700 $aDella Paolera$b Gerardo$f1959-$01652652 701 $aTaylor$b Alan M.$f1964-$0119543 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910813576503321 996 $aStraining at the anchor$94003458 997 $aUNINA