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Reforming the international financial system for development /

The 1944 Bretton Woods conference created new institutions for international economic governance. Though flawed, the system led to, a golden age in postwar reconstruction, sustained economic growth, job creation, and postcolonial development. Yet financial liberalization since the 1970s has involved...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Jomo K. S. (Jomo Kwame Sundaram)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York, N.Y. : Columbia University Press, 2010, ©2011.
Colección:Initiative for Policy Dialogue at Columbia (Series)
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:The 1944 Bretton Woods conference created new institutions for international economic governance. Though flawed, the system led to, a golden age in postwar reconstruction, sustained economic growth, job creation, and postcolonial development. Yet financial liberalization since the 1970s has involved deregulation and globalization, which have exacerbated instability, rather than sustained growth. In addition, the failure of Bretton Woods to provide a reserve currency enabled the dollar to fill the void, which has contributed to periodic, massive U.S. trade deficits.
Descripción Física:1 online resource ([xxix], 356 pages) : illustrations
Bibliografía:Includes bibliographical references and index.
ISBN:9780231527279
0231527276