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23 of 24 people found the following review helpful:
5.0 out of 5 stars
econ history pro makes strong concise case,
By dollar bear (honolulu, hi) - See all my reviews
This review is from: Global Imbalances and the Lessons of Bretton Woods (Cairoli Lectures) (Hardcover)
if you want to know how the unprecedented usa current account deficit and "bretton woods 2" stacks up against history, it will be harder to find a better book than this one. Why is the situation the same? why different? what should we expect? these and many more questions are answered in a 4 chapter book that is a MUST read for anyone short the dollar but still a little scared of going up against such large players (the foreign CBs)... the book is meant for people who already have a strong grasp of international monetary theory but no math is involved (so it's a quick read). Well worth the money!
0 of 1 people found the following review helpful:
3.0 out of 5 stars
Next Bretton Woods.,
By
Amazon Verified Purchase(What's this?)
This review is from: Global Imbalances and the Lessons of Bretton Woods (Cairoli Lectures) (Paperback)
Next Bretton Woods system, the gold wasn't ever the principal good for the changes. That produces new situation in the traditional financial back-ground. The USA accepted to mantain the dollar as substitute of the gold, but this fact is related to their influence.
The richness of the Asia countries modifies partially this context, but it isn't very clear the true role of China in the economic equilibria. If before Bretton Woods the great part of the economiy was sthatic, next we must talk about dynamic and not-linear conditions. |
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Global Imbalances and the Lessons of Bretton Woods (Cairoli Lectures) by Barry J. Eichengreen (Hardcover - September 22, 2006)
Used & New from: $15.33
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