Accounting for the Fall of Silver: Hedging Currency Risk in Long-Distance Trade with Asia, 1870-1913 - Schiltz, Michael (Associate Professor, Hokkaido University) - Books - Oxford University Press - 9780198865025 - October 20, 2020
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Accounting for the Fall of Silver: Hedging Currency Risk in Long-Distance Trade with Asia, 1870-1913

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Michael Schiltz analyses the efforts by nineteenth century banking to mitigate the effects of the depreciation of silver. He shows that strategies for hedging exchange rate risk were created earlier than traditionally thought, and explores the relationship between Great-Britain and its colonies in Asia, and the rise of Japan as a financial power.


224 pages

Media Books     Hardcover Book   (Book with hard spine and cover)
Released October 20, 2020
ISBN13 9780198865025
Publishers Oxford University Press
Pages 216
Dimensions 165 × 245 × 25 mm   ·   486 g

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