From Library Journal
Solomon, formerly the chief international economist for the Federal Reserve Board and author of The Transformation of the World Economy and the International Monetary System, 1945-1981 (St. Martin's, 1994), writes a historical account of world finance in the late 20th century. History typically connotes the "long ago and far away," but in current economics (and technology as well) history is yesterday. Solomon does a credible job of explaining the rise of the U.S. dollar and its fall by the mid-1980s. Other topics include the development of the European Monetary System, economic crises in Mexico and Asia, and the effects of the transition of Eastern Block countries from Communist to capitalist economies. Solomon also provides an analytic look at the short-term future of economic policies. Of particular note is the chronology of economic events since 1980. This is a scholarly review of economic history, best suited for academic collections.?Steven Silkunas, Southeastern Pennsylvania Transportation Authority, Philadelphia
Copyright 1999 Reed Business Information, Inc.
Copyright 1999 Reed Business Information, Inc.
Review
Solomon . . . does a credible job of explaining the rise of the U.S. dollar and its fall by the mid-1980's. . . . Of particular note is the chronology of economic events since 1980. -- Library Journal
Money on the Move is an excellent, erudite addition to the literature on modern financial history. -- Bimal Prodhan, The Times Higher Education Supplement
Solomon's writing is both eminently accessible to the nontechnical reader and intellectually rigorous, making it fascinating reading for policymakers and economists as well. This volume . . . offers perhaps the most readable overview of the international monetary system over the past two decades. . . . Solomon brings international policy issues vividly to life without displaying any personal biases or sacrificing insights from economic theory. -- Subir Lall, Finance and Development
Money on the Move is an excellent, erudite addition to the literature on modern financial history. -- Bimal Prodhan, The Times Higher Education Supplement
Solomon's writing is both eminently accessible to the nontechnical reader and intellectually rigorous, making it fascinating reading for policymakers and economists as well. This volume . . . offers perhaps the most readable overview of the international monetary system over the past two decades. . . . Solomon brings international policy issues vividly to life without displaying any personal biases or sacrificing insights from economic theory. -- Subir Lall, Finance and Development
