000 02146cam a22003614a 4500
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008 060328s2007 maua b 001 0 eng
010 _a 2006044929
015 _aGBA671787
_2bnb
016 7 _a013536695
_2Uk
020 _a9780262514149 (pbk)
035 _a(OCoLC)OCM65425987
035 _a(NNC)5971819
040 _aDLC
_cDLC
_dBAKER
_dUKM
_dC#P
_dOrLoB-B
_dBD-DhUL
042 _apcc
050 0 0 _aHG3881
_b.E3465 2007
082 0 0 _a332.042
_222
_bEIG
100 1 _aEichengreen, Barry J.
245 1 0 _aGlobal imbalances and the lessons of Bretton Woods /
_cBarry Eichengreen.
260 _aCambridge, Mass. :
_bMIT Press,
_cc2007.
300 _axiv, 187 p. :
_bill. ;
_c21 cm.
365 _aUSD
_b11.70
490 0 _aCairoli lecture series
504 _aIncludes bibliographical references and index.
505 0 0 _g1.
_tGlobal imbalances and the lessons of Bretton Woods --
_g2.
_tThe anatomy of the gold pool --
_g3.
_tHow to exit a currency peg : Japan and the end of the Bretton Woods system --
_g4.
_tSterling's past, dollar's future.
520 1 _a"In Global Imbalances and the Lessons of Bretton Woods, Barry Eichengreen takes issue with the argument that today's international financial system is largely analogous to the Bretton Woods system of the period 1958 to 1973. Then, as now, it has been argued, the United States ran balance of payment deficits, provided international reserves to other countries, and acted as export market of last resort for the rest of the world. Then, as now, the story continues, other countries were reluctant to revalue their currencies for fear of seeing their export-led growth slow and suffering capital losses on their foreign reserves. Eichengreen argues in response that the power of historical analogy lies not just in finding parallels but in highlighting differences, and indeed he finds important differences in the structure of the world economy today."--BOOK JACKET.
530 _aAlso available in electronic form.
650 0 _aInternational finance.
830 0 _aCairoli lecture series.
942 _2ddc
_cBK
999 _c65507
_d65507