Irwin, Douglas A. (ed.); Obstfeld, Maurice (ed.) - Floating Exchange Rates at Fifty <Veranstaltung> <2023>; … - 2024
"Fifty years ago, in March 1973, the major industrial economies abandoned fixed exchange rates based on gold, conclusively ending the post-World War II Bretton Woods arrangements. Proponents believed their action would strengthen countries' ability to deal with balance of payment problems. But...