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Full Description
National currencies appear to be threatened from all sides. European Union member countries are due to abandon their national currencies in favour of a supranational currency by the year 2000. Elsewhere, the use of foreign currencies within national economic spaces is on the increase, as shown by the growth of eurocurrency activity, and currency substitution in many parts of the world. In the last decade, privately-issued sub-national local currencies have also proliferated in a number of countries, and predict the emergence of private electronic monies of the future.
In the light of these transformations, this book asks what the future holds for national currencies. The first half of the volume addresses issues relating to money leading up to, and during, the formation of national currencies. Ranging widely in their historical and geographical context, the papers problematise the relationship between money and nation-states by examining alternative forms and uses of currencies during this period. The second half look at contemporary challenges faced by national currencies.
Contents
Introduction Emily Gilbert and Eric Helleiner I: National Currencies in Historical Perspective 1. The Scotch Hate Gold: Nation, identity, and paper money Matthew Rowlinson, Dartmouth College, UK 2. Spaces of money-power: The Bank of England and the Formation of national currency in nineteenth-century England and Wales Iain Black, Cheltenham College of Higher Education, UK 3. Local currencies in pre-industrial Japan Makoto Maruyama, University of Tokyo, Japan 4. Official standardization vs. social differentiation in Americans' uses of money Viviana Zelizer, Princeton University, US 5. Nineteenth-Century images on Latin American currencies Miguel Centeno, Princeton University, US 6. Token gestures? Images of nation and empire and the rise of a Canadian national currency Emily Gilbert, University of Bristol, UK 7. A distant view: Imagery and imagination in the paper currency of the British Empire, 1800 - 1960 Virginia Hewitt, British Museum, London, UK II: National Currencies and their Future in the Contemporary World 8. The new geography of money Benjamin Cohen, University of Santa Barbara 9. The Political Origins of Euromoney Peter Burnham, University of Warwick, UK 10. The logic of giving up national currencies: lessons from Europe's monetary union Amy Verdun, European University Institute 11. Alternative networks of calculation: local knowledge, associative democracy and the rise of 'alternative institutions of accumulation' Andrew Leyshon andNigel Thrift, University of Bristol, UK 12. Global uncertainties of money: National sovereignty and the management of risk Nigel Dodd, London School of Economics, UK 13. Denationalising money? Economic liberalism and the national question in the late twentieth century Eric Helleiner, York University, UK
