• Login
  • Register
  • Search

The UK-US Game and UK's Return to Gold Standard

Zheming Zhang

Abstract


With the continuous development and evolution of the United States, especially the economic center shift after World War II, the United States become the economic hegemon instead of the UK and thus it seized the economic initiative of the world. After the World War I, the European countries gradually withdraw from the gold standard. In order to stabilize the world economy development and the international economic order, the United States prepared to build the economic system related with its own interests so as to force the UK to return to the gold standard. The game between the United States and the UK shows the significance of economic initiative. Among them, the outcome of the two countries in the fight of the financial system also demonstrates a significant change in the world economic system.


Keywords


UK-US Game; UK; Return to the Gold Standard

Full Text:

PDF

References


Shao Y. How did the gold standard lead to the rise of the UK (in Chinese). Finance Weekly (in Chinese) 2020; (11): 10.

Xu Z. Anglo-American game and British return to gold standard. History Teaching 2012; (2): 52–57, 16.

Sun H. Analysis of the reasons why the United Kingdom resumed the gold standard in 1925. Economic Research Guide 2009; (31): 83–84.

Li Q, Xue L. A review of international monetary gold standard system from the perspective of international law. Journal of Shenyang Normal University (Social Science Edition) 2019; 43(3): 90–94.




DOI: http://dx.doi.org/10.18686/fm.v5i4.2964

Refbacks