Description
Book SynopsisMoney in Asia examines two chronic problems that faced early modern monetary economies in East, South, and Southeast Asia: The inability to provide sufficient amounts of small currencies to facilitate local economic transactions and to control currency depreciation. The studies in this volume analyze the social and economic consequences of small currency scarcity and devaluation on various Asian economies and show how various regimes tried to manage these ever-present challenges. They reveal that those regimes that dealt most successfully with these two issues were those with an integrated national approach to monetary policy. Contributors are: Peter Bernholz, Werner Burger, Cao Jin, Mark Elvin, Dennis O. Flynn, Roger Greatrex, Najaf Haider, Reinier H. Hesselink, Elisabeth Kaske, Man-houng Lin, Jane Kate Leonard, Christine Moll-Murata, Keiko Nagase-Reimer, Shan Kunqin, Shimada Ryūto, Ulrich Theobald, Hans Ulrich Vogel, and Willem Wolters
Trade Review"Money in Asia is a pioneering study that is sure to have the longest of shelf lives, a volume that by its very design encourages further research, reflection, and discussion. Money in Asia is thus a highly recommended addition to every library that considers money and monetary history to be worthy of study." – Simon James Bytheway, Nihon University, in: New Asia Books [Published online 23 February 2016]
