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Estratégias Periféricas Sessenta Anos Depois Do Acordo De Bretton Woods

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  • André Moreira Cunha

Abstract

After sixty years, the Breton Woods Agreement continuous to be a reference for the debates concerning institutional organization of the international monetary system. This paper compares some features of the arrangements that have emerged in that context with the recent wave of institutional reforms in the international financial architecture. We explore some arguments suggesting that, in an instable financial environment, is possible to envisage a strong rationality in strategies for emerging economies associated with a more active capital flows and exchange rate management. Apparently, those strategies are not dissimilar to the ones today's advanced countries had used in Bretton Woods Era.

Suggested Citation

  • André Moreira Cunha, 2004. "Estratégias Periféricas Sessenta Anos Depois Do Acordo De Bretton Woods," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting] 013, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    • Handle: RePEc:anp:en2004:013
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    File URL: http://www.anpec.org.br/encontro2004/artigos/A04A013.pdf
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    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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