By Michael D. Bordo,Barry Eichengreen
The members discover adjustment, liquidity, and transmission less than the process; how it affected constructing nations; and the function of the foreign financial Fund in keeping a good fee. The authors study the explanations for the System's luck and eventual cave in, evaluate it to next financial regimes, comparable to the eu financial method, and tackle the opportunity of a brand new mounted alternate expense for modern day world.
Read or Download A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform (National Bureau of Economic Research Project Report) PDF
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