IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-28602-3_22.html
   My bibliography  Save this book chapter

Secretary Simon

In: Ideology and the International Economy

Author

Listed:
  • Robert Leeson

    (Murdoch University)

Abstract

Shultz’s influence lived on in the system of sometimes managed floats. The summit meetings between the leading industrial nations at which efforts were occasionally made to influence currency outcomes had their origins in the Group of Five or ‘Shultz’s Library Group’ which first met in the White House in April 1973, immediately after the abandonment of the fixed exchange rate system. Shultz also acted as the American ‘sherpa’ at the November 1975 Rambouillet summit meeting which was part of the process that provided a legal basis for floating exchange rates (Volcker and Gyohten 1992, 126–7, 141; Shultz and Dam 1977a, 12; James 1996, 266–7). The 1976 Jamaica revision of the IMF Articles which legitimised floating was driven by free market sentiments (de Vries 1985b, 761).

Suggested Citation

  • Robert Leeson, 2003. "Secretary Simon," Palgrave Macmillan Books, in: Ideology and the International Economy, chapter 22, pages 181-183, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28602-3_22
    DOI: 10.1057/9780230286023_22
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-28602-3_22. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.