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Conclusion

In: The Past and Future of International Monetary System

Author

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  • Jingyi Wang

    (Social Sciences Academic Press (China))

Abstract

In 1944 at Bretton Woods, as a result of the collective conventional wisdom of the time, representatives from all the leading allied nations collectively favored a regulated system of fixed exchange rates, indirectly disciplined by a US dollar tied to gold–a system that relied on a regulated market economy with tight controls on the values of currencies.

Suggested Citation

  • Jingyi Wang, 2016. "Conclusion," SpringerBriefs in Economics, in: The Past and Future of International Monetary System, edition 1, chapter 0, pages 85-88, Springer.
    • Handle: RePEc:spr:spbchp:978-981-10-0164-2_7
    DOI: 10.1007/978-981-10-0164-2_7
    as

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