1. Currency Wars, Then and Now
- Author:
- Liaquat Ahamed
- Publication Date:
- 03-2011
- Content Type:
- Journal Article
- Journal:
- Foreign Affairs
- Institution:
- Council on Foreign Relations
- Abstract:
- The aftermath of the Great Depression saw a burst of competitive currency devaluations and protectionism that undermined confidence in an open global economy. As countries recover from the financial crisis today, they need to heed the lessons of the past and avoid the beggar-thy-neighbor policies of the 1930s.
- Topic:
- War and Financial Crisis
- Political Geography:
- Europe