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A Retrospective on the Bretton Woods System
At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971. The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world.
North Carolina Women
By the twentieth century, North Carolina’s progressive streak had strengthened, thanks in large part to a growing number of women who engaged in and influenced state and national policies and politics. These women included Gertrude Weil who fought tirelessly for the Nineteenth Amendment, which extended suffrage to women, and founded the state chapter of the League of Women Voters once the amendment was ratified in 1920. Gladys Avery Tillett, an ardent Democrat and supporter of Roosevelt's New Deal, became a major presence in her party at both the state and national levels. Guion Griffis Johnson turned to volunteer work in the postwar years, becoming one of the state's most prominent female...
Who Adjusts?
In this work Beth Simmons presents a fresh view of why governments decided to abide by or defect from the gold standard during the 1920s and 1930s. Previous studies of the spread of the Great Depression have emphasized "tit-for-tat" currency and tariff manipulation and a subsequent cycle of destructive competition. Simmons, on the other hand, analyzes the influence of domestic politics on national responses to the international economy. In so doing, she powerfully confirms that different political regimes choose different economic adjustment strategies.
Exchange Rates and International Macroeconomics
This volume, presenting some of the finest new research on exchange rates and international macroeconomics, contains papers and critical commentary by thirty-two leading economists. Taken together, these papers provide sound evidence about the effects of real and monetary factors on exchange rates and extend the analyses of exchange rates and international macroeconomics by outlining the kinds of behavior and institutional arrangements that can be incorporated into such analyses. Both empirical and theoretical research are represented, and the contributors analyze such issues as the performance of various models of exchange rate determination, the role of risk and speculation in the forward market for foreign exchange, the rational expectations hypothesis in such markets, the performance of monetary policy in ten industrial countries, the role that labor market contracts play in exchange rate policies, the effect of he oil shocks on the evolution of exchange rates, and the output cost of bringing down inflation in the open economy.
Illustrated Catalogue of Drawing Instruments
Originally developed in 1993 for an auction of an Architect's private collection of over 1,500 drawing instruments and calculators; this extensive book is one of a few comprehensive references available for comparative study of these instruments. The original collection was assembled over a twelve year period from sources in the US and Europe. Each instrument is listed in a scientific format for comparative evaluation and identification. An abbreviations table supports this approach. Profusely illustrated with 113 color photos and 61 highly organized text pages. The Subject Index has over 400 individual references dissecting this impressive collective of instruments from the 18th C. thru the...
