LEADER 04311nam 2200673Ia 450 001 9910451151403321 005 20210610213938.0 010 $a1-281-22313-1 010 $a9786611223137 010 $a0-226-06690-8 024 7 $a10.7208/9780226066905 035 $a(CKB)1000000000406981 035 $a(EBL)408163 035 $a(OCoLC)476227685 035 $a(SSID)ssj0000237343 035 $a(PQKBManifestationID)11237712 035 $a(PQKBTitleCode)TC0000237343 035 $a(PQKBWorkID)10190911 035 $a(PQKB)10652280 035 $a(MiAaPQ)EBC408163 035 $a(DE-B1597)535473 035 $a(OCoLC)781253309 035 $a(DE-B1597)9780226066905 035 $a(Au-PeEL)EBL408163 035 $a(CaPaEBR)ebr10216935 035 $a(CaONFJC)MIL122313 035 $a(EXLCZ)991000000000406981 100 $a19920813d1993 uy 0 101 0 $aeng 135 $aurnn#---|u||u 181 $ctxt 182 $cc 183 $acr 200 02$aA Retrospective on the Bretton Woods system$b[electronic resource] $elessons for international monetary reform /$fedited by Michael D. Bordo and Barry Eichengreen 210 $aChicago $cUniversity of Chicago Press$dc1993 215 $a1 online resource (692 p.) 225 1 $aA National Bureau of Economic Research project report 300 $aProceedings of a conference held at Bretton Woods, N.H., in the autumn of 1991. 311 0 $a0-226-06587-1 320 $aIncludes bibliographical references and indexes. 327 $tFront matter --$tContents --$tPreface --$t1. The Bretton Woods International Monetary System: A Historical Overview --$t2. Bretton Woods and Its Precursors: Rules versus Discretion in the History of International Monetary Regimes --$t3. The Political Origins of Bretton Woods --$t4. The Adjustment Mechanism --$t5. The Provision of Liquidity in the Bretton Woods System --$t6. International Transmission under Bretton Woods --$t7. The Role of International Organizations in the Bretton Woods System --$t8. Devaluation Controversies in the Developing Countries: Lessons from the Bretton Woods Era --$t9. The Collapse of the Bretton Woods Fixed Exchange Rate System --$t10. Panel Session I: Retrospectives --$t11. Interest Differentials under Bretton Woods and the Post- Bretton Woods Float: The Effects of Capital Controls and Exchange Risk --$t12. Attitudes toward Inflation and the Viability of Fixed Exchange Rates: Evidence from the EMS --$t13. Panel Session 11: Implications for International Monetary Reform --$t14. Epilogue: Three Perspectives on the Bretton Woods System --$tContributors --$tAuthor Index --$tSubject Index 330 $aAt the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971. The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world. 410 0$aNational Bureau of Economic Research project report. 606 $aInternational finance$xHistory 606 $aMonetary policy 608 $aElectronic books. 615 0$aInternational finance$xHistory. 615 0$aMonetary policy. 676 $a332.4/566 701 $aBordo$b Michael D$0119439 701 $aEichengreen$b Barry J$0318418 712 02$aNational Bureau of Economic Research. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910451151403321 996 $aA Retrospective on the Bretton Woods system$92212857 997 $aUNINA