2013 | OriginalPaper | Buchkapitel
South African Gold at the Heart of the Competition between the Zurich and London Gold Markets at a Time of Global Regulation, 1945–68
verfasst von : Sandra Bott
Erschienen in: The Global Gold Market and the International Monetary System from the late 19th Century to the Present
Verlag: Palgrave Macmillan UK
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Thanks to a regulatory framework conducive to its international financial activities, Zurich successfully developed its role in the global gold market1 during the 25 years following World War II. The growing importance of the major Swiss banks in the gold market took place in a context of global restrictions regarding monetary gold transactions in the 1950s, and increasing international monetary instability in the turbulent 1960s.