TY - BOOK AU - Harris,Max TI - Monetary war and peace: London, Washington, Paris, and the Tripartite Agreement of 1936 T2 - Studies in macroeconomic history SN - 9781108754187 (ebook) AV - HG3811 .H37 2021 U1 - 332.4/56609043 23 PY - 2021/// CY - Cambridge PB - Cambridge University Press KW - Foreign exchange rates KW - History KW - 20th century KW - Monetary policy KW - International cooperation KW - International finance KW - International economic relations N1 - Title from publisher's bibliographic system (viewed on 26 Feb 2021) N2 - The international monetary system imploded during the Great Depression. As the conventional narrative goes, the collapse of the gold standard and the rise of competitive devaluation sparked a monetary war that sundered the system, darkened the decade, and still serves as a warning to policymakers today. But this familiar tale is only half the story. With the Tripartite Agreement of 1936, Britain, America, and France united to end their monetary war and make peace. This agreement articulated a new vision, one in which the democracies promised to consult on exchange rate policy and uphold a liberal international system - at the very time fascist forces sought to destroy it. Max Harris explores this little-known but path-breaking and successful effort to revolutionize monetary relations, tracing the evolution of the monetary system in the twilight years before the Second World War and demonstrating that this history is not one solely of despair UR - https://doi.org/10.1017/9781108754187 ER -