| Ideology and the International Economy: The Decline and Fall of Bretton Woods 2003 Edition Contributor(s): Leeson, R. (Author) |
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ISBN: 1403903700 ISBN-13: 9781403903709 Publisher: Palgrave MacMillan OUR PRICE: $104.49 Product Type: Hardcover - Other Formats Published: September 2003 Annotation: "Ideology and International Economy" is the first major study of the intellectual and institutional forces which combined to undermine the Bretton Woods system of fixed exchange rates. In two decades, Milton Friedman's "case for flexible exchange rates" was transformed from a minority academic viewpoint to the operational framework for the international monetary system. In the process, the International Monetary Fund was defeated, sidelined and in danger of becoming an irrelevant organization. |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - Theory - Business & Economics | International - Economics - Business & Economics | Economic History |
| Dewey: 337 |
| LCCN: 2007310322 |
| Physical Information: 0.73" H x 5.66" W x 9.04" (0.95 lbs) 242 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: For twenty-five years, the International Monetary Fund administered a worldwide system of fixed exchange rates until their system was destroyed by a combination of market forces and those who advocated market forces. The first destructive element has been extensively analyzed; the second has hitherto been almost completely ignored. Robert Leeson examines the process by which the case for flexible exchange rates was transformed from an academic exercise to become the organizing principle for international monetary relations. |
