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Economic Theory and Financial Policy: Selected Essays of Jacques J. Polak, 1994-2004

December 13, 2004

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Format: Chicago

James M. Boughton (, eds). Economic Theory and Financial Policy: Selected Essays of Jacques J. Polak, 1994-2004, (USA: International Monetary Fund, 2004) accessed November 21, 2024, https://doi.org/10.5089/9780765616142.071

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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.

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

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