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US Treasury Secretaries

Robert Leeson

Chapter 18 in Ideology and the International Economy, 2003, pp 130-147 from Palgrave Macmillan

Abstract: Abstract By the end of the 1960s, the case for floating exchange rates ‘began to be taken more seriously’ within the Bretton Woods bureaucracy (Volcker and Gyohten 1992, 46). Also, within the IMF there was thought to be a minority ‘team’ in favour of increased flexibility (Halm 1971, 14, 19).1 But after Nixon’s election victory, those who sought to patch up the Bretton Woods system were confronted by powerful adversaries in the US Treasury.

Keywords: Exchange Rate; European Central Banker; Internal Revenue Service; International Monetary System; Bretton Wood System (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28602-3_18

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DOI: 10.1057/9780230286023_18

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