ENGLISH

Currency and the Economy of Netherlands India, 1870-95

By N. P. van den Berg; Pierre van der Eng

Book information

Year
1996
ISBN
9789813055193, 9813055197, 9789814379465, 9814379468
Language
english
Format
PDF
Filesize
70 MB (73249805 bytes)
Pages
\150
Time added
2021-07-24 23:17:40

Description

Stable monetary systems form one of the pillars on which rapid economics development in Southeast Asia in recent decades has been based. The same was true in the past. Monetary stabilization became as important issue after 1870, when silver depreciated rapidly against gold and Western countries switched to the gold standard. Colonial Indonesia followed the Netherlands in this respect. On the ardent advice of N.P van den Berg, then president of the central bank, the Java Bank, it was the first Asian country to stabilize its currency against gold, in this case against the gold-based Dutch guilder. Van den Berg was a prominent proponent of monetary stabilization and was well known for his contributions to he dicussion about currency systems and monetary policy in the government of British India, which was at the time exploring ways to achieve stabilization of the rupee. Both the arguments and the wealth of data in the reprint of this very rare book will be of interest to historians of Southeast Asia. CONTENTS Introduction Glossary PREFACE The Financial and Economical Condition of Netherlands India Supplement 1: An abstract from the pamphlet 'The Money Market and Paper Currency of British India' (1884) by N .P . van den Berg Supplement II: Memorandum on the present state of the currency question in Holland and Java (1879) by N.P . van den Berg Supplement III: 'Note on the present working of the gold standard in Java' ( 1892) by A. Kensington Appendices

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