References
http://wallstreetpit.com/54600-global-economic-growth-doubles-in-10-years/
Sabine Dammasch;The System of Bretton Woods
Robert Sidelsky; Keynes, Globalisation and the Bretton Woods Institutions in the Light of Changing Ideas about Markets
http://www2.warwick.ac.uk/fac/soc/economics/staff/academic/harrison/public/ww2overview1998.pdf
Bretton Woods
Gold standard
Questions
Jonathan Fransson
9N125524
Gold Standard. Good or bad?
Hegemonic leadership?
Gold standard -71
Fixed/Pegged rates
Pros
- Enhance World trade
- Inflation control
- Stability
End of Gold Standard
17 August 1971
Bretton Woods still ongoing
Cons of Gold standard
- Economic Balance
- Limited amount of gold
- Dependence on Hegemonic
Historical background
Britain as the leader 1926
Hegemonic theory
Fall of British Hegemony and depression in the 30s
USA as the Hegemony. Half of the Axis and allies combined GDP
John Maynard Keynes
Harry Dexter White