Currency and the Economy of Netherlands India, 1870-95

Released on by Norbert Pieter Berg
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  • Currency and the Economy of Netherlands India, 1870-95 Book Detail

  • Author : Norbert Pieter Berg
  • Release Date : 1996
  • Publisher : Institute of Southeast Asian Studies
  • Genre : Business & Economics
  • Pages : 152
  • ISBN 13 : 9813055197
  • File Size : 14,14 MB
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Currency and the Economy of Netherlands India, 1870-95 by Norbert Pieter Berg PDF Summary

Book Description: Stable monetary systems form one of the pillars on which rapid economics development in Southeast Asia in recent decades has been based. The same was true in the past. Monetary stabilization became as important issue after 1870, when silver depreciated rapidly against gold and Western countries switched to the gold standard. Colonial Indonesia followed the Netherlands in this respect. On the ardent advice of N.P van den Berg, then president of the central bank, the Java Bank, it was the first Asian country to stabilize its currency against gold, in this case against the gold-based Dutch guilder. Van den Berg was a prominent proponent of monetary stabilization and was well known for his contributions to he dicussion about currency systems and monetary policy in the government of British India, which was at the time exploring ways to achieve stabilization of the rupee. Both the arguments and the wealth of data in the reprint of this very rare book will be of interest to historians of Southeast Asia.

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Promises and Predicaments

Promises and Predicaments

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Indonesia’s trajectory towards successful economic growth has been long and capricious. Studies of the process often focus either on the Netherlands Indies or