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Traces the ups and downs of the Bretton Woods system and tells the story of its evolution from World War II to today. The authors explain the key mechanisms that drove the system until the United States stopped pegging the dollar to gold in 1971, and how that decision and other developments led to what they call 'Bretton Woods II' arrangements.

Produktbeschreibung
Traces the ups and downs of the Bretton Woods system and tells the story of its evolution from World War II to today. The authors explain the key mechanisms that drove the system until the United States stopped pegging the dollar to gold in 1971, and how that decision and other developments led to what they call 'Bretton Woods II' arrangements.
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Autorenporträt
Giovanni Tria is Honorary Professor of Economics and President of the Center for Euro-Asian Studies at the University of Rome Tor Vergata. He has been Minister of Economy and Finance in the Italian Government and Full Professor of Economics and Dean of the Faculty of Economics at University of Rome Tor Vergata. Angelo Federico Arcelli is currently a senior fellow at the Transatlantic Leadership Network (Washington, DC) and a full professor in Economy of Financial Intermediaries (International Institutions) at Guglielmo Marconi University (Rome, Italy). Federico is also a partner in Oliver Wyman, a global strategic consulting firm.