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Global imbalances and the lessons of Bretton Woods

Author: Barry J Eichengreen
Publisher: Cambridge, Mass. ; London : MIT Press, 2010.
Series: Cairoli Lectures series
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"In Global Imbalances and the Lessons of Bretton Woods, Barry Eichengreen takes issue with the argument that today's international financial system is largely analogous to the Bretton Woods system of the period 1958 to 1973. Then, as now, it has been argued, the United States ran balance of payment deficits, provided international reserves to other countries, and acted as export market of last resort for the rest of  Read more...
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Document Type: Book
All Authors / Contributors: Barry J Eichengreen
ISBN: 9780262514149 0262514141
OCLC Number: 457159765
Notes: Originally published: 2007.
Description: xiv, 187 pages ; 20 cm.
Contents: Global imbalances and the lessons of Bretton Woods --
The anatomy of the Gold pool --
How to exit a currency peg : Japan and the endof the Bretton Woods system --
Sterling's past, dollar's future.
Series Title: Cairoli Lectures series
Responsibility: Barry Eichengreen.

Abstract:

Why the current Bretton Woods-like international financial system, featuring large current account deficits in the center country, the United States, and massive reserve accumulation by the  Read more...

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Eichengreen's book should be the starting point for the debate about what will happen after the inevitable end of an unsustainable system. With this and his many other books, Eichengreen has Read more...

 
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