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Can the current post-Bretton Woods international monetary system prevent a return to the beggar-thy-neighbor policies and competitive devaluations that so harmed international prosperity in the 1930s? What are the system's flaws? Can they be corrected, and if so, how? An expert panel will address these and related issues.
This book examines monetary policy after the Bretton Woods summit.
To what extent has America's global leadership been based on its economic leadership? What does the recent economic turmoil portend for international economic institutions and for America's role? What will replace the failed post-World War II Bretton Woods system and institutions? In his recent paper, "The End of the 'American...
As President Obama huffs and puffs about his tax plan, which is unlikely to pass in the Democratic-majority Senate much less the Republican-controlled House, Robert Zoellick, president of the World Bank, has provided a much broader view of where the United States stands amid great changes in the world and some useful guidance on what direction public policy ought to take.
Nowis the ideal time to revaluate the relevance and purposes of both the IMF and World Bank.
The European Monetary Union will break down, and Europe will be better off for it, notwithstanding widespread warnings from European politicians of what an "unthinkable" disaster its breakup would be.
Contributors review the collapse of the Bretton Woods system of fixed exchange rates and the historic 1985 agreement by the Group of Five.
The Federal Reserve is prone to major and minor mistakes because it is affected by political pressure.





