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Hardcover

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224 Pages

9.2 x 6.1 inches

ISBN: 9780198865025


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Bookseller Code (06)

Accounting for the Fall of Silver

Hedging Currency Risk in Long-Distance Trade with Asia, 1870-1913

Michael Schiltz

  • Analyses the efforts by nineteenth century banking to mitigate the effects of the depreciation of silver
  • Explains that strategies for hedging exchange rate risk were created earlier than traditionally thought
  • Explores the relationship between Great Britain and its colonies in Asia, and the rise of Japan as a financial and commerical power to be reckoned with
  • Includes links to digitized primary sources that are not available elsewhere

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