Economic Theory and Financial Policy: Selected Essays of Jacques J. Polak, 1994-2004
Books, December 13, 2004
Source details
- Canonical URL
- Economic Theory and Financial Policy: Selected Essays of Jacques J. Polak, 1994-2004
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Bibliographic details
- Published: December 13, 2004
- Series: Books
- DOI: https://doi.org/10.5089/9780765616142.071
Summary
- This paper describes the essence of the Bretton Woods conference.
- The Bretton Woods conference was one of a number of inter-allied conferences in the later part of World War II that led to the creation of a new international organization.
- The point of this paper is not to defend the Bretton Woods agreements of 1944, but rather to stress the continuity of the IMF’s mandate to promote monetary cooperation among countries.
- The paper also draws lessons for the future from the work of the IMF in the 1960s and 1970s.
Major themes and findings
- Historical analysis of the Bretton Woods conference as part of inter-allied diplomatic activity during World War II.
- Emphasis on continuity of the IMF’s mandate to promote monetary cooperation rather than a defense of the 1944 agreements.
- Retrospective lessons drawn from IMF work in the 1960s and 1970s relevant for future policy considerations.
Subject classification and keywords
- Subject: Banking, Credit, Currencies, Exchange rate policy, Exchange rates, Foreign exchange, International monetary system, Money
- Keywords: Australia and New Zealand, BOOK, Bretton Woods conference, Bretton Woods system, Caribbean, country, Credit, Currencies, East Asia, EMU member, Europe, Exchange rate policy, Exchange rates, fund, Global, International monetary system, reserve regime, SDR, SDR mechanism, West Africa