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Currency Convertibility pp 35–63Cite as

Palgrave Macmillan

Various Proposals for the Resumption of Currency Convertibility

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Abstract

In the foregoing chapters we have reviewed the present-day system of controlling the value of money, and its limitations. We have seen the uniquely successful record of the system of directly guaranteeing the convertibility of currency into specified commodities, and the support that this policy has received from leading economists for more than two centuries. We are therefore led to consider the question of what is the best form in which currency convertibility might be re-introduced in the present day.

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Author information

Authors and Affiliations

  1. Department of Management Science, Imperial College of Science and Technology, London, UK

    Patrick Collins (Lecturer in Managerial Economics)

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  1. Patrick Collins
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© 1985 Patrick Collins

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Collins, P. (1985). Various Proposals for the Resumption of Currency Convertibility. In: Currency Convertibility. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-07058-9_4

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