German Exchange Control 1931 36

Author : Jack M. Letichevsky
Publisher :
ISBN 13 :
Total Pages : 167 pages
Book Rating : 4.:/5 (615 download)

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Download or read book Foreign Exchange Control 1931-1940 written by Jack M. Letichevsky and published by . This book was released on 1941 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The analytical approach to foreign exchange control can take one of two consistent forms. The technique can be explored in relation to the absolute criterion of international specialization or, it can be examined in relation to the relative criterion of national expediency. However, it is impossible to deal with the subject consistently if we accept the relative premise and apply the absolute criterion to it. [...] This works purports to examine (1) whether exchange control is a technique in a secular trend or, merely an emergency measure; (2) are its characteristics universal or specific to the economy in which it exists; (3) has it performed its functions adequately in recent applications, (193l-1940); (4) what are its potentialities as an institution in future world economy; and (5) what impact will it have upon Canadian economy. [...] The aim of this thesis has been to approach the study of economic conditions in contemporary Germany and the Continent from an impartial and objective standpoint. The conclusions reached in the first four chapters must be qualified by the use of secondary sources and the conglomeration of other factors which belie the success or failure of the technique itself. In the Canadian-American situation the authorities do not find it advisable to offer all the pertinent information. We have therefore been obliged to use less authoritative indices and refrain from making any vulnerable long-term generalizations. [...]" --