2009 | OriginalPaper | Buchkapitel
The Global Economy and External Imbalances
verfasst von : Anthony J. Makin
Erschienen in: Global Imbalances, Exchange Rates and Stabilization Policy
Verlag: Palgrave Macmillan UK
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
Since the breakdown of the Bretton Woods monetary system that prevailed from 1945 to the early 1970s, there has been greater exchange rate variability combined with phenomenal growth in the volume of international capital flows. This expansion of capital flows followed dismantling of the edifice of exchange controls that supposedly facilitated exchange rate management under the Bretton Woods system.