CHAPTER V. THE ELEMENTS GOVERNING THE EXCHANGE RATE OF THE PESO

Chapters in this book

1. Frontmatter i
2. PREFACE vii
3. CONTENTS xi
4. TABLES xv
5. PART I. INTRODUCTION
6. CHAPTER I. SOME GENERAL REFLECTIONS ABOUT THE CUBAN ECONOMY 3
7. PART II. THE DOLLAR YEARS, 1914–1931
8. CHAPTER II. THE MONETARY SYSTEM OF 1914 AND ITS IMPLICATIONS 31
9. CHAPTER III. THE BANKS, 1914–1931 50
10. PART III. THE DOUBLE STANDARD, 1932–1945
11. CHAPTER IV. THE NEW MONETARY SYSTEM 75
12. CHAPTER V. THE ELEMENTS GOVERNING THE EXCHANGE RATE OF THE PESO 99
13. CHAPTER VI. THE THREE MORATORIA 106
14. CHAPTER VII. EXCHANGE FLUCTUATIONS, 1938–1940 114
15. CHAPTER VIII. APPRAISAL OF THE SILVER POLICY 134
16. CHAPTER IX. THE RETURN OF T H E DOLLAR 141
17. CHAPTER Χ. EXCHANGE STABILITY AND INFLATION, 1942–1947 150
18. CHAPTER XI. BANK POLICY 164
19. PART IV. THE SIGNIFICANCE OF CUBAN MONETARY EXPERIENCE
20. CHAPTER XII. STRATEGIC FORCES IN THE CUBAN ECONOMY 195
21. CHAPTER XIII. THE PROS AND CONS OF DEPRECIATION 217
22. CHAPTER XIV. A CASE FOR EXCHANGE CONTROL? 254
23. CHAPTER XV. CENTRAL BANKING PRINCIPLES IN AN EXPORT ECONOMY 275
24. APPENDIX A. ESTIMATES OF THE VOLUME OF CURRENCY AND COIN, 1912–1947 317
25. APPENDIX Β. THE BALANCE OF PAYMENTS 326
26. A SELECTED BIBLIOGRAPHY 341
27. INDEX 353