Money in Asia
Subtitle: Small Currencies in Social and Political Contexts
Publisher: BRILL
Published: 2015
Language: eng
Number of pages: 572
ISBN-13: 9789004288355
Subjects: Money, asia
Description: Money in Asia examines two chronic problems that faced early modern monetary economies in East, South, and Southeast Asia: The inability to provide sufficient amounts of small currencies to facilitate local economic transactions and to control currency depreciation. The studies in this volume analyze the social and economic consequences of small currency scarcity and devaluation on various Asian economies and show how various regimes tried to manage these ever-present challenges. They reveal that those regimes that dealt most successfully with these two issues were those with an integrated national approach to monetary policy.--