Abstract
In 1944 at Bretton Woods, as a result of the collective conventional wisdom of the time, representatives from all the leading allied nations collectively favored a regulated system of fixed exchange rates, indirectly disciplined by a US dollar tied to gold–a system that relied on a regulated market economy with tight controls on the values of currencies.
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Wang, J. (2016). Conclusion. In: The Past and Future of International Monetary System. SpringerBriefs in Economics. Springer, Singapore. https://doi.org/10.1007/978-981-10-0164-2_7
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DOI: https://doi.org/10.1007/978-981-10-0164-2_7
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