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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

Hardcover

Investing & FinanceGeneral World History

ISBN10: 1019450398
ISBN13: 9781019450390
Publisher: Legare Street Pr
Published: Jul 18 2023
Pages: 24
Weight: 0.48
Height: 0.25 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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Investing & Finance