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Fiscal and Currency Standards As the Future Measure of Credit of Nations

Fiscal and Currency Standards As the Future Measure of Credit of Nations

Paperback

Investing & FinanceGeneral World History

ISBN10: 1021227706
ISBN13: 9781021227706
Publisher: Legare Street Pr
Published: Jul 18 2023
Pages: 24
Weight: 0.11
Height: 0.05 Width: 6.14 Depth: 9.21
Language: English

This prescient 1913 report, commissioned by the Federal Reserve Bank of San Francisco and written by financier Paul Moritz Warburg, argues that fiscal and monetary policy are the key determinants of a nation's creditworthiness. Warburg calls for a standardized system of fiscal accounting and credit evaluation to ensure financial stability and international economic cooperation. His proposals were influential in the formation of the Federal Reserve System and remain relevant to discussions of global monetary policy.

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Warburg, Paul Moritz

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General World History