Bretton Woods After 50
Bibliographic Data
| ID | 12229441 |
|---|---|
| Authors | Barry Eichengreen (0000-0002-1683-4486, University of California, Berkeley, CA, USA, corresponding author) |
| Year | 2021 |
| Volume | 33 |
| Issue | 4 |
| Pages | 552-569 |
| Publication date | 2021-07-20 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Review of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0953-8259 • E-ISSN: 1465-3982 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/09538259.2021.1952011 |
| OpenAlex | W3184597327 |
| Language | EN |
| Citations received | 7 |
| References cited | 36 |
This paper reviews the operation of the Bretton Woods international monetary system 50 years after the United States closed the Gold Window linking the dollar to gold in August 1971. It argues that Bretton Woods operated as successfully as it did owing to three special circumstances: low international capital mobility, tight financial regulation, and the dominant economic and financial position of the United States and the dollar. There can be no more straightforward an explanation for why nothing like Bretton Woods will be restored in the foreseeable future
Capital (architecture · Economics · Exchange rate · Gold standard (test · International economics · Keynesian economics · Liberian dollar · Monetary economics · Monetary hegemony · Monetary policy · Monetary system · Position (finance · Us dollar · Economic Theory and Policy · Global Financial Crisis and Policies · International Development and Aid · Finance
Continuity and Change in the International Monetary System
Energy constraints on macroeconomic paradigms
Some Reflections on the Teaching of International Monetary Economics
A Policy Dilemma in the Context of Turkey's Sectoral Export Competitiveness
Overcoming Recession and Financial Instability in a Global Financialised Economy? The Contribution of the ‘Crank Heretic’ Robert Eisler
The extractive foundations of Bretton Woods
The Long Rise of Private Finance in Development and the Implications for Policymakers
Globalizing Capital
Fear of Floating
What Ended the Great Depression
Was the Bank Holiday of 1933 Caused by a Run on the Dollar
Integrating the Americas
The Origins of the Eurodollar Market in London
Negotiating the Single European Act
Resetting the International Monetary (Non)System
The Gold Pool (1961-1968) and the Fall of the Bretton Woods System
A Retrospective on the Bretton Woods System
| Citations per year | 1.75 |
|---|---|
| Citation span | 2022 - 2026 (5) |
| Highly cited | No |