Showing 1 - 10 of 88
Persistent link: https://www.econbiz.de/10010403164
During the Bretton Woods era, balance-of-payments developments, gold losses, and exchange-rate concerns had little influence on Federal Reserve monetary policy, even after 1958 when such issues became critical. The Federal Reserve could largely disregard international considerations because the...
Persistent link: https://www.econbiz.de/10013048371
During the Bretton Woods era, balance-of-payments developments, gold losses, and exchange-rate concerns had little influence on Federal Reserve monetary policy, even after 1958 when such issues became critical. The Federal Reserve could largely disregard international considerations because the...
Persistent link: https://www.econbiz.de/10012458009
During the Bretton Woods era, balance-of-payments developments, gold losses, and exchange-rate concerns had little influence on Federal Reserve monetary policy, even after 1958 when such issues became critical. The Federal Reserve could largely disregard international considerations because the...
Persistent link: https://www.econbiz.de/10013224132
The euro was adopted as legal tender, albeit in a virtual form, by 11 countries of the European Union on January 1, 1999, with the intention that notes and coins denominated in euros would be introduced and the national currencies would be phased out during the first six months of that year and...
Persistent link: https://www.econbiz.de/10014177152
This paper proposes an alternative stability and growth pact among European Union (EU) governments that would underpin the introduction of a single currency and a "single market" within the EU. The alternative pact embraces a number of new aspects of integration within the EU that are based on a...
Persistent link: https://www.econbiz.de/10014162532
Persistent link: https://www.econbiz.de/10010472649
An analogy has been made between the collapse of the Bretton Woods system in 1971 and the recent Eurozone crisis. The … (analogous to Germany today).However Bretton Woods is very different from the Eurozone in many dimensions. An even better analogy … than BWS is a comparison of the clearing mechanism in the U.S.--The Gold Settlement account-- with the Target payments …
Persistent link: https://www.econbiz.de/10013051313
An analogy has been made between the collapse of the Bretton Woods system in 1971 and the recent Eurozone crisis. The …However Bretton Woods is very different from the Eurozone in many dimensions. An even better analogy than BWS is a … comparison of the clearing mechanism in the U.S.--The Gold Settlement account-- with the Target payments mechanism for the …
Persistent link: https://www.econbiz.de/10012458395
Persistent link: https://www.econbiz.de/10001459835