"Fifty years ago, in March 1973, the major industrial economies abandoned fixed exchange rates based on gold, conclusively ending the post-World War II Bretton Woods arrangements. Proponents believed their action would strengthen countries' ability to deal with balance of payment problems. But opponents feared it would instigate a new era of instability and financial shocks. Since 1973, the world has moved away from fixed exchange rates to intermediate regimes based on considerable exchange rate flexibility. But ...
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"Fifty years ago, in March 1973, the major industrial economies abandoned fixed exchange rates based on gold, conclusively ending the post-World War II Bretton Woods arrangements. Proponents believed their action would strengthen countries' ability to deal with balance of payment problems. But opponents feared it would instigate a new era of instability and financial shocks. Since 1973, the world has moved away from fixed exchange rates to intermediate regimes based on considerable exchange rate flexibility. But international trade conflicts and unstable capital flows, along with a rise in financial crises around the world, have nonetheless accompanied the global shift away from exchange rate pegs. How has the international monetary system performed over the past half century-if it can even be called a "system"? What have we learned from the experience of more flexible exchange rates? What has been the impact on macroeconomic and financial stability in the years since? This conference brought together leading economists and policymakers to debate and discuss these questions, as well as to think about the evolution of the international monetary system, the dominance of the US dollar, and the role of exchange rate regimes in shaping the world economy"--
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Publisher:
Peterson Institute for International Economics
Published:
4/15/2024 12: 00: 00 AM
Language:
English
Alibris ID:
17950359755
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Publisher:
Peterson Institute for International Economics
Published:
2024
Language:
English
Alibris ID:
17949292766
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New. Trade paperback (US). Glued binding. 384 p. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
Publisher:
Peterson Institute for International Economics
Published:
4/15/2024 12: 00: 00 AM
Language:
English
Alibris ID:
17950328778
Shipping Options:
Standard Shipping: $4.66
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Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Publisher:
Peterson Institute for International Economics
Published:
2024
Language:
English
Alibris ID:
17949334413
Shipping Options:
Standard Shipping: $4.66
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Seller's Description:
New. Trade paperback (US). Glued binding. 384 p. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
