Ideology and the International Economy

The Decline and Fall of Bretton Woods

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Paperback, blz. | Engels
Palgrave Macmillan UK | e druk, 2003
ISBN13: 9781349508983
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Palgrave Macmillan UK e druk, 2003 9781349508983
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Samenvatting

For twenty-five years, the International Monetary Fund administered a worldwide system of fixed exchange rates until their system was destroyed by a combination of market forces and those who advocated market forces. The first destructive element has been extensively analyzed; the second has hitherto been almost completely ignored. Robert Leeson examines the process by which the case for flexible exchange rates was transformed from an academic exercise to become the organizing principle for international monetary relations.

Specificaties

ISBN13:9781349508983
Taal:Engels
Bindwijze:paperback
Uitgever:Palgrave Macmillan UK

Inhoudsopgave

Introduction PART ONE: THE INTELLECTUAL AND INSTITUTIONAL FRAMEWORK The Combatants Full Employment, Free Trade and Fixed Exchange Rates Friedman's Case for Flexible Exchange Rates The Bretton Woods Establishment PART TWO: THE ACADEMIC PROCESS: FROM THE 1940s-1968 The Early History of the Case for Floating Exchange Rates An Emerging Academic Consensus 1966: Four Conferences 1967: The AEA President Versus the AFA President PART THREE: THE POLICY PROCESS: 1968-1971 From Academia to Washington Flexible Exchange Rates as a Vehicle for Nixon's re-election The Cross of Gold PART FOUR: FRIEDMAN AND THE POLICY REVOLUTION The Nature and Origins of Friedman's Influence Intellectuals US Senators The International Policemen US Treasury Secretaries Chairmen of the Federal Reserve System Within the White House PART FIVE: END GAME Secretary Schultz Secretary Simon Conclusion

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        Ideology and the International Economy