A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform

Voorkant
Michael D. Bordo, Barry Eichengreen
University of Chicago Press, 1 dec. 2007 - 690 pagina's
At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971.

The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world.
 

Wat mensen zeggen - Een review schrijven

We hebben geen reviews gevonden op de gebruikelijke plaatsen.

Inhoudsopgave

II Bretton Woods in Operation
199
III The Legacy of Bretton Woods
513
IV Conclusion
619
Contributors
659
Author Index
663
Subject Index
669
Copyright

Overige edities - Alles weergeven

Veelvoorkomende woorden en zinsdelen

Populaire passages

Pagina viii - Director, consisting of three Directors selected as nearly as may be one from each general division of the Board. The names of the special manuscript committee shall be stated to each Director when the summary and report described in paragraph (4) are sent to him.
Pagina viii - The interval is allowed for the receipt of any memorandum of dissent or reservation, together with a brief statement of his reasons, that any member may wish to express; and such memorandum of dissent or reservation shall be published with the manuscript if he so desires. Publication does not. however, imply that each member of the Board has read the manuscript, or that either members of the Board in general, or of the special committee, have passed upon its validity in every detail.
Pagina viii - Board, requesting approval or disapproval of publication, and thirty additional days shall be granted for this purpose. The manuscript shall then not be published unless at least a majority of the entire Board and a...
Pagina viii - Directors to the Work and Publications of the National Bureau of Economic Research 1. The object of the National Bureau of Economic Research is to ascertain and to present to the public important economic facts and their interpretation in a scientific and impartial manner. The Board of Directors is charged with the responsibility of ensuring that the work of the National Bureau is carried on in strict conformity with this object.
Pagina viii - Board, or to its Executive Committee, for their formal adoption, all specific proposals concerning researches to be instituted.

Over de auteur (2007)

Michael D. Bordo is professor of economics at Rutgers University. He is the editor of Money, History, and International Finance and A Retrospective on the Classical Gold Standard (co-edited by Anna J. Schwartz), both published by the University of Chicago Press. Barry Eichengreen is professor of economics at the University of California at Berkeley. He is the author of Elusive Stability and Golden Fetters.

Bibliografische gegevens