ABSTRACT
This book presents the lifelong and ongoing research of Lawrence H. Officer in a systematic way. The result is an authoritative treatment of such issues as market structure and economic efficiency where more than one characteristic of a commodity is priced, both in general and in application to shipping conferences; financing of the United Nations and International Monetary Fund; monetary history of the UK and US; and central-bank preferences between gold and dollars,
The book first examines multidimensional pricing, defined as pricing when a commodity or service has several characteristics that are priced. The second part is concerned with country-group conflicts in the United Nations and International Monetary Fund. The book then takes a fresh look at historical experiences of monetary-standard upheavals and the final part considers a crucial time (1958-67), during which central-bank gold-dollar decisions were power-politically determined.
TABLE OF CONTENTS
part 1|73 pages
Pricing theory
part 2|88 pages
Financing of international organizations
chapter 6|24 pages
Are International Monetary Fund quotas unfavorable to less-developed countries?
part 3|113 pages
Monetary history
chapter 12|22 pages
The quantity theory in New England, 1703–1749
part 4|34 pages
Gold