Record Details

Twenty-five years of post-Bretton Woods experience: some lessons

PSL Quarterly Review

View Archive Info
 
 
Field Value
 
Title Twenty-five years of post-Bretton Woods experience: some lessons
 
Creator ASKARI, H.
 
Subject
Foreign Currency Management, Analysis, Economic aspects, Foreign exchange, Foreign exchange market
F31, F00
 
Description In 1971 many academic economists were predicting that the Bretton Woods system of fixed parities would collapse. Some, most notably Milton Friedman, became excited about the possibility of a floating system because the benefits of international capital mobility can only be achieved through the flexibility in the exchange rate. These economists argued that a floating exchange rate system can ensure positive results more than the fixed parities system. Twenty-five years later, however, there is still no consensus on the matter. The author reviews the post-Bretton Woods experience to highlight some policies and approaches that might be helpful for the future.   JEL Codes: F31, F00Keywords: Foreign Currency Management, Analysis, Economic aspects, Foreign exchange, Foreign exchange market
 
Publisher Economia civile
 
Contributor
 
Date 2013-10-20
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10620
 
Source PSL Quarterly Review; Vol 52, No 208 (1999)
PSL Quarterly Review; Vol 52, No 208 (1999)
2037-3643
ISSN 2037-3635
 
Language eng
 
Relation http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10620/10504
 
Rights Copyright (c) 2016 H. ASKARI
http://creativecommons.org/licenses/by-nc-nd/4.0