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Hough, Peter (2010)
Publisher: Pearson Longman
Languages: English
Types: Part of book or chapter of book
Subjects:
In this chapter you will gain understanding of the following;\ud • What is meant by International Political Economy \ud • How the global economy has evolved over time\ud • Rival theoretical approaches to understanding International Political Economy\ud • How trade is regulated in the contemporary world\ud • The significance of increased transnational flows of money in relations between governments
  • The results below are discovered through our pilot algorithms. Let us know how we are doing!

    • 1500 - 1780: Age of Mercantilism
    • 1780+: Industrial Revolution
    • 1815 - 1873: Age of Liberalism 1821 Great Britain adopts the gold standard 1834 Zollverein- economic union between Germanic states which precipitated the creation of a unified Germany 1846 Repeal of the Corn Laws- landmark British act of Parliament which reduced protectionism 1860 Cobden-Chevalier Treaty- Franco-British agreement to free up bilateral trade. 1866 Latin Monetary Union- short-lived currency union based on the French Franc involving several south European countries 1871 Germany adopts the gold standard
    • 1873- 1945: Return of Mercantilism 1873-96 The Long Depression 1929 Great Depression 1930 Smoot-Hawley Act- Highly protectionist law passed in the US 1931 Collapse of the Gold Standard
    • 1944: International Liberal Economic Order 1944 Bretton Woods Conference 1947 GATT launched 1971 Collapse of the Bretton Woods monetary system 1971-4 Oil Crisis 1995 World Trade Organization founded 1997-9 East Asian Financial Crisis 2008-10 Credit Crunch global Recession
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