Conclusion

Jingyi Wang ()
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Jingyi Wang: Social Sciences Academic Press (China)

Chapter Chapter 7 in The Past and Future of International Monetary System, 2016, pp 85-88 from Springer

Abstract: Abstract In 1944 at Bretton Woods, as a result of the collective conventional wisdom of the time, representatives from all the leading allied nations collectively favored a regulated system of fixed exchange rates, indirectly disciplined by a US dollar tied to gold–a system that relied on a regulated market economy with tight controls on the values of currencies.

Keywords: Foreign Direct Investment; Central Bank; Reserve Currency; International Monetary System; Bretton Wood System (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-981-10-0164-2_7

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DOI: 10.1007/978-981-10-0164-2_7

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