The new Bretton Woods system


Term Paper, 2008

3 Pages, Grade: 1,3


Abstract or Introduction

Barry Eichengreen and Michael Dooley understand the current international monetary and financial system as “new Bretton Woods System.” Global imbalances such as the expanding US current account deficit in combination with a stable US Dollar exchange rate imply that Asia central banks are storing large amounts of US dollars in their international reserve portfolios. It follows a comparison of the new system with the old Bretton Woods framework relating the findings to arising potential for international political conflicts.

Details

Title
The new Bretton Woods system
College
Free University of Berlin  (Center for Global Politics)
Course
International Political Economy
Grade
1,3
Author
Year
2008
Pages
3
Catalog Number
V180110
ISBN (eBook)
9783656027034
File size
439 KB
Language
English
Keywords
Bretton Woods, Wechselkurs, exchange rate
Quote paper
Natalie Züfle (Author), 2008, The new Bretton Woods system, Munich, GRIN Verlag, https://www.grin.com/document/180110

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