Sir Alfred Charles Davidson and the Australian Exchange Crisis of 1929–31

Frank Decker ()
Additional contact information
Frank Decker: The University of Sydney Law School

A chapter in Money Doctors Around the Globe, 2024, pp 257-282 from Springer

Abstract: Abstract This chapter examines the role played by Sir Alfred Charles Davidson during the monetary turbulences in the early years of the Great Depression in Australia. Davidson was a leading private banking executive and developed into an influential money doctor as he took on a national leadership role during the Great Depression. Davidson implemented a floating exchange rate regime in 1930–31, which has been widely regarded as one of the major contributions of Australian monetary policy to the recovery from the Great Depression. We re-evaluate Davidson’s monetary policy interventions over 1929–31, present a new analysis of Australia’s early departure from the gold standard in December 1929 and review the role that the government-owned Commonwealth Bank played in this process.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:stechp:978-981-97-0134-6_14

Ordering information: This item can be ordered from
http://www.springer.com/9789819701346

DOI: 10.1007/978-981-97-0134-6_14

Access Statistics for this chapter

More chapters in Studies in Economic History from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().