80th Anniversary of the End of the Gold Standard

Published on: Author: guwebteam

The 1930s Chatham House Study Group on ‘The International Gold Problem’ and the 2011 Chatham House Taskforce on ‘Gold and the International Monetary System’

The economic context of the 1930s Chatham House Study Group was in many ways very different from the modern-day Chatham House Taskforce, of which I am a member, but the focus was the same: the role of gold and the international monetary system. Eighty years ago the international economy was reeling from an international financial crisis that contracted liquidity in domestic and international credit markets, shrank growth rates and led to unemployment at record levels. Despite some superficial similarities with today’s economic environment, the differences are important.

You can download the full working paper here.