Ideology and the International Economy

The Decline and Fall of Bretton Woods

  • Robert Leeson

Table of contents

  1. Front Matter
    Pages i-vii
  2. Introduction

    1. Robert Leeson
      Pages 1-4
  3. The intellectual and Institutional Framework

    1. Front Matter
      Pages 5-5
    2. Robert Leeson
      Pages 7-15
    3. Robert Leeson
      Pages 29-37
  4. The Academic Process: from the 1940s to the Friedman and Nixon Presidencies

    1. Front Matter
      Pages 39-39
    2. Robert Leeson
      Pages 47-49
    3. Robert Leeson
      Pages 50-54
  5. The Policy Process: 1968–71

    1. Front Matter
      Pages 61-61
    2. Robert Leeson
      Pages 63-65
    3. Robert Leeson
      Pages 72-75
  6. Friedman and the Policy Revolution

    1. Front Matter
      Pages 89-89
    2. Robert Leeson
      Pages 103-116

About this book


For twenty-five years, the International Monetary Fund administered a worldwide system of fixed exchange rates until their system was destroyed by a combination of market forces and those who advocated market forces. The first destructive element has been extensively analyzed; the second has hitherto been almost completely ignored. Robert Leeson examines the process by which the case for flexible exchange rates was transformed from an academic exercise to become the organizing principle for international monetary relations.


Bretton Woods exchange rates trade

Authors and affiliations

  • Robert Leeson
    • 1
  1. 1.Murdoch UniversityAustralia

Bibliographic information

  • DOI
  • Copyright Information Palgrave Macmillan, a division of Macmillan Publishers Limited 2003
  • Publisher Name Palgrave Macmillan, London
  • eBook Packages Palgrave Economics & Finance Collection
  • Print ISBN 978-1-349-50898-3
  • Online ISBN 978-0-230-28602-3
  • About this book