A brief history of the international monetary system since Bretton Woods

This paper provides a historical background to contemporary debates on the international monetary system: their genesis, similarities, and differences of problems it has faced at different times. It looks sequentially at the design of the Bretton Woods system; the tensions it faced since the 1960s a...

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Main Author: José Antonio Ocampo
Format: Report
Language:unknown
Subjects:
Online Access:http://www.wider.unu.edu/sites/default/files/wp2016-97.pdf
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spelling ftrepec:oai:RePEc:unu:wpaper:wp2016-97 2023-05-15T17:31:44+02:00 A brief history of the international monetary system since Bretton Woods José Antonio Ocampo http://www.wider.unu.edu/sites/default/files/wp2016-97.pdf unknown http://www.wider.unu.edu/sites/default/files/wp2016-97.pdf preprint ftrepec 2020-12-04T13:31:01Z This paper provides a historical background to contemporary debates on the international monetary system: their genesis, similarities, and differences of problems it has faced at different times. It looks sequentially at the design of the Bretton Woods system; the tensions it faced since the 1960s and its collapse in the early 1970s; the management of the collapse, the failure to agree on a new system, and the resulting non-system that followed; the maturing of these ad hoc arrangements, and the reforms after the North Atlantic financial crisis and debates on how to build up a broader global 'financial safety net'. Bretton Woods agreement, gold reserves, foreign exchange reserves, exchange rate system, payments imbalances, IMF credit lines Report North Atlantic RePEc (Research Papers in Economics)
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collection RePEc (Research Papers in Economics)
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language unknown
description This paper provides a historical background to contemporary debates on the international monetary system: their genesis, similarities, and differences of problems it has faced at different times. It looks sequentially at the design of the Bretton Woods system; the tensions it faced since the 1960s and its collapse in the early 1970s; the management of the collapse, the failure to agree on a new system, and the resulting non-system that followed; the maturing of these ad hoc arrangements, and the reforms after the North Atlantic financial crisis and debates on how to build up a broader global 'financial safety net'. Bretton Woods agreement, gold reserves, foreign exchange reserves, exchange rate system, payments imbalances, IMF credit lines
format Report
author José Antonio Ocampo
spellingShingle José Antonio Ocampo
A brief history of the international monetary system since Bretton Woods
author_facet José Antonio Ocampo
author_sort José Antonio Ocampo
title A brief history of the international monetary system since Bretton Woods
title_short A brief history of the international monetary system since Bretton Woods
title_full A brief history of the international monetary system since Bretton Woods
title_fullStr A brief history of the international monetary system since Bretton Woods
title_full_unstemmed A brief history of the international monetary system since Bretton Woods
title_sort brief history of the international monetary system since bretton woods
url http://www.wider.unu.edu/sites/default/files/wp2016-97.pdf
genre North Atlantic
genre_facet North Atlantic
op_relation http://www.wider.unu.edu/sites/default/files/wp2016-97.pdf
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