BOOKS - HISTORY - Money in Asia (1200 – 1900). Small Currencies in Social and Politic...
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214592
214592
Money in Asia (1200 – 1900). Small Currencies in Social and Political Contexts
Author: Editors Jane Kate Leonard and Ulrich Theobald
Year: 2015
Format: PDF
File size: 11.1 MB
Language: ENG
Year: 2015
Format: PDF
File size: 11.1 MB
Language: ENG
Money in Asia examines two chronic problems that faced early modern monetary economies in East, South, and Southeast Asia: The inability to provide sufficient amounts of small currencies to facilitate local economic transactions and to control currency depreciation. The studies in this volume analyze the social and economic consequences of small currency scarcity and devaluation on various Asian economies and show how various regimes tried to manage these ever-present challenges. They reveal that those regimes that dealt most successfully with these two issues were those with an integrated national approach to monetary policy.