The ties that divide: A network analysis of the international monetary system, 1890-1910
成果类型：
Article; Proceedings Paper
署名作者：
Flandreau, M; Jobst, C
刊物名称：
JOURNAL OF ECONOMIC HISTORY
ISSN/ISSBN：
0022-0507
发表日期：
2005
页码：
977-1007
关键词：
摘要：
Conventional studies of the late-nineteenth-century international monetary system refer heuristically to core and peripheral countries. In this article, we seek to provide rigorous foundations to such expressions. Applying a formal procedure borrowed from network analysis produces indices of centrality and systematic rankings. We show that the international monetary system of the late nineteenth century is best described as a three-tier system. Other findings include the discovery of a closely knitted European foreign exchange system, a complete lack of foreign exchange linkages within Latin America, emerging intra-Asian relations, and a fairly late ascendancy of the U.S. dollar.