A Retrospective on the Bretton Woods System - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Retrospective on the Bretton Woods System write by Michael D. Bordo. This book was released on 2007-12-01. A Retrospective on the Bretton Woods System available in PDF, EPUB and Kindle. 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.
International Monetary Reform
International Monetary Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook International Monetary Reform write by International Monetary Fund. Committee on Reform of the International Monetary System and Related Issues. This book was released on 1974. International Monetary Reform available in PDF, EPUB and Kindle.
Next Steps in International Monetary Reform
Next Steps in International Monetary Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Next Steps in International Monetary Reform write by United States. Congress. Economic Joint Committee. This book was released on 1968. Next Steps in International Monetary Reform available in PDF, EPUB and Kindle.
Reforming the International Financial System for Development
Reforming the International Financial System for Development - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Reforming the International Financial System for Development write by Jomo Kwame Sundaram. This book was released on 2011-01-17. Reforming the International Financial System for Development available in PDF, EPUB and Kindle. The 1944 Bretton Woods conference created new institutions for international economic governance. Though flawed, the system led to a golden age in postwar reconstruction, sustained economic growth, job creation, and postcolonial development. Yet financial liberalization since the 1970s has involved deregulation and globalization, which have exacerbated instability, rather than sustained growth. In addition, the failure of Bretton Woods to provide a reserve currency enabled the dollar to fill the void, which has contributed to periodic, massive U.S. trade deficits. Our latest global financial crisis, in which all these weaknesses played a part, underscores how urgently we must reform the international financial system. Prepared for the G24 research program, a consortium of developing countries focused on financial issues, this volume argues that such reforms must be developmental. Chapters review historical trends in global liquidity, financial flows to emerging markets, and the food crisis, identifying the systemic flaws that contributed to the recent downturn. They challenge the effectiveness of recent policy and suggest criteria for regulatory reform, keeping in mind the different circumstances, capacities, and capabilities of various economies. Essays follow ongoing revisions in international banking standards, the improved management of international capital flows, the critical role of the World Trade Organization in liberalizing and globalizing financial services, and the need for international tax cooperation. They also propose new global banking and reserve currency arrangements.
Guidelines for International Monetary Reform
Guidelines for International Monetary Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Guidelines for International Monetary Reform write by United States. Congress. Joint Economic Committee. Subcommittee on International Exchange and Payments. This book was released on 1965. Guidelines for International Monetary Reform available in PDF, EPUB and Kindle.
