The Dilemma of Fiat in the Local:Legal Currency Reform of Guangdong Province

DOI

10.2991/ebmcsr-18.2018.66How to use a DOI?

Keywords

Lowercase letters. Legal currency reform ,Guangdong ,exchange rate.

Abstract

The fiat implement of national government was reformed in 1935, at the same time, Guangdong’s government was implementing the local currency. After the June 1st Incident of 1936, the national government was adjusting Guangdong’s policy by sending financial staff to rectify financial ,to consolidate the currency credit, to establish currency reserves gradually, and to recovery the local money system. The national and local government have controversy on the problem of the exchange rate between local currency and fiat. The fate of fait currency in Guangdong was the result of policys and also reflecting the complexity of fiat reform.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Kaizhun Lao
PY  - 2018/11
DA  - 2018/11
TI  - The Dilemma of Fiat in the Local:Legal Currency Reform of Guangdong Province
BT  - Proceedings of the 2018 International Conference on Economics, Business, Management and Corporate Social Responsibility (EBMCSR 2018)
PB  - Atlantis Press
SP  - 338
EP  - 345
SN  - 2352-5428
UR  - https://doi.org/10.2991/ebmcsr-18.2018.66
DO  - 10.2991/ebmcsr-18.2018.66
ID  - Lao2018/11
ER  -