The Bretton Woods System: Concept and Practice
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The first (discouraging) thought that occurs to anyone asked to write about the Bretton Woods System is that there is nothing, no aspect of the subject, that has failed to attract careful and lengthy scrutiny over the last 50 years. The existing literature must be at least as voluminous as that on the Classical Gold Standard; and the number of devotees of the System is probably greater than the one that admired for so long its much-debated nineteenth-century precursor.
KeywordsCentral Bank National Currency International Currency Current Account Surplus International Monetary System
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