The Department of State Bulletin, Vol. 12 (Classic Reprint): April-June, 1945: April-June, 1945 (Classic Reprint) - Softcover

Inhaltsangabe

This book examines the creation of the Bretton Woods system, which reorganized international monetary and financial order after the Second World War. Drawing on new archival research, this book provides a fresh analysis of the motivations of its principal architects, particularly the United States and Great Britain and to a lesser extent, the Soviet Union at an early stage. It explores why the British, initially suspicious of American monetary objectives, came to embrace the new system, thereby helping to create a new financial order centered on the dollar and the International Monetary Fund. At a time when the foundations of Bretton Woods are facing considerable strain, this book looks back at the system's origins to provide lessons for today.

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