Description
Modern Currency Reforms: History and Discussion of Recent Currency Reforms in India by Edwin Walter Kemmerer provides an analytical overview of India’s monetary system and its evolution under British colonial rule. The book examines the transition from silver to a gold-exchange standard, addressing issues like currency depreciation, exchange rate instability, and the role of central banking. Kemmerer evaluates the effectiveness of British-led reforms and offers insights into how modern financial principles could improve monetary stability in India. His work reflects broader themes of global monetary reform, advocating for disciplined fiscal policies, sound currency standards, and institutional frameworks to support economic development.
