Abstract : It has been argued that central bank cooperation was important to the working of the gold standard before 1914. This article takes a critical view of the central bank cooperation thesis and, relying on new archival research as well as on secondary sources, offers an alternative picture of central bank relations during the nineteenth century. Central bank cooperation was exceptionally never reciprocal and always failed to institutionalize: scholars seeking to explain the stability of the gold standard will have to look in other directions
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Soumis le : mardi 22 juillet 2014 - 12:01:07 Dernière modification le : mardi 11 octobre 2016 - 13:29:00 Archivage à long terme le : : mardi 25 novembre 2014 - 10:50:51
Marc Flandreau. Central Bank Co-operation in Historical Perspective: a Sceptical View. European Review of Economic History, Oxford University Press (OUP), 1997, pp.735-763. ⟨hal-01027631⟩