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Content
2024
- WP24-20 The international economic implications of a second Trump presidency
by Warwick J. McKibbin & Megan Hogan & Marcus Noland - WP24-19 Korea's trade policy agenda in an uncertain US trade environment
by Alan Wm. Wolff & Yeo Han-koo - WP24-18 Migration or stagnation: Aging and economic growth in Korea today, the world tomorrow
by Michael A. Clemens - WP24-17 Understanding Korea's long-run real exchange rate behavior
by Douglas A. Irwin & Maurice Obstfeld - WP24-16 Populist opposition is threatening progress on climate change
by Edoardo Campanella & Robert Z. Lawrence - WP24-15 Europe's banking union at ten: Unfinished yet transformative
by Nicolas Veron - WP24-14 The El Nino Southern Oscillation and Geopolitical Risk
by Cullen S. Hendrix - WP24-13 US monetary policy and the recent surge in inflation
by David Reifschneider - WP24-12 Tackling the UK's regional economic inequality: Binding constraints and avenues for policy intervention
by Anna Stansbury & Dan Turner & Ed Balls - WP24-11 An analysis of pandemic-era inflation in 11 economies
by Ben S. Bernanke & Olivier J Blanchard - WP24-10 The effect of lawful crossing on unlawful crossing at the US southwest border
by Michael A. Clemens - WP24-9 Economic multilateralism 80 years after Bretton Woods
by Maurice Obstfeld - WP24-8 The macroeconomics of climate change: Starting points, tentative results, and a way forward
by John Hassler & Per Krusell & Conny Olovsson - WP24-7 Lessons from China's fiscal policy during the COVID-19 pandemic
by Tianlei Huang - WP24-6 Macroeconomic implications of a transition to net zero emissions
by Stephane Hallegatte & Florent McIsaac & Hasan Dudu & Charl Jooste & Camilla Knudsen & Hans Beck - WP24-5 Powering the clean energy innovation system
by Reinhilde Veugelers - WP24-4 Energy transition: The race between technology and political backlash
by Pierre-Olivier Gourinchas & Gregor Schwerhoff & Antonio Spilimbergo - WP24-2 Trade policy, industrial policy, and the economic security of the European Union
by Chad P. Bown - WP24-1 Climate action: Implications for factor market reallocation
by Robert Z. Lawrence
2023
- WP23-15 Modern industrial policy and the WTO
by Chad P. Bown - WP23-14 Green innovation and the transition toward a clean economy
by Daron Acemoglu & Philippe Aghion & Lint Barrage & David Hémous - WP23-13 How does decarbonization change the fiscal equation?
by Ruud de Mooij & VÃtor Gaspar - WP23-12 Sequencing decarbonization policies to manage their macroeconomic impacts
by Steven Fries - WP23-11 Trade hyperglobalization is dead. Long live...?
by Arvind Subramanian & Martin Kessler & Emanuele Properzi - WP23-10 Central banks and policy communication: How emerging markets have outperformed the Fed and ECB
by Tatiana Evdokimova & Piroska Nagy Mohacsi & Olga Ponomarenko & Elina Ribakova - WP23-9 The Rapid Response Labor Mechanism of the US-Mexico-Canada Agreement
by Chad P. Bown & Kathleen Claussen - WP23-8 How trade cooperation by the United States, the European Union, and China can fight climate change
by Chad P. Bown & Kimberly A. Clausing - WP23-7 Rare macroeconomic disasters and lost decades in Latin America: The COVID-19 experience in a historical context
by Jose F. Ursua & Alejandro Werner - WP23-6 How the United States solved South Korea's problems with electric vehicle subsidies under the Inflation Reduction Act
by Chad P. Bown - WP23-5 Why China's housing policies have failed
by Tianlei Huang - WP23-4 What caused the US pandemic-era inflation?
by Ben Bernanke & Olivier J Blanchard - WP23-3 Carbon border adjustments, climate clubs, and subsidy races when climate policies vary
by Kimberly A. Clausing & Catherine Wolfram - WP23-2 Saving the WTO from the national security exception
by Warren Maruyama & Alan Wm. Wolff - WP23-1 Industrial policy for electric vehicle supply chains and the US-EU fight over the Inflation Reduction Act
by Chad P. Bown
2022
- WP22-20 The IMF should enhance the role of SDRs to strengthen the international monetary system
by Edwin M. Truman - WP22-19 The World Bank, the IMF, and the GATT/WTO: Which institution most supported trade reform in developing economies?
by Douglas A. Irwin - WP22-18 The portfolio of economic policies needed to fight climate change
by Olivier J Blanchard & Christian Gollier & Jean Tirole - WP22-17 25 years of excess unemployment in advanced economies: Lessons for monetary policy
by Joseph E. Gagnon & Madi Sarsenbayev - WP22-16 North Korea as a Complex Humanitarian Emergency: Assessing Food Insecurity
by Marcus Noland - WP22-15 The WTO and vaccine supply chain resilience during a pandemic
by Chad P. Bown - WP22-14 How carbon tariffs and climate clubs can slow global warming
by Shantayanan Devarajan & Delfin S. Go & Sherman Robinson & Karen Thierfelder - WP22-13 A Reform Strategy to Transform Energy From Piecemeal to Systemwide Change
by Steven Fries - WP22-12 Green energy depends on critical minerals. Who controls the supply chains?
by Luc Leruth & Adnan Mazarei & Pierre Régibeau & Luc Renneboog - WP22-11 Why gender disparities persist in South Korea's labor market
by Karen Dynan & Jacob Funk Kirkegaard & Anna Stansbury - WP22-10 Public responses to foreign protectionism: Evidence from the US-China trade war
by David Steinberg & Yeling Tan - WP22-9 COVID-19 vaccine supply chains and the Defense Production Act
by Chad P. Bown - WP22-8 WTO 2025: Constructing an executive branch
by Alan Wm. Wolff - WP22-7 WTO 2025: Getting Back to the Negotiating Table
by Alan Wm. Wolff - WP22-6 WTO 2025: Enhancing global trade intelligence
by Alan Wm. Wolff - WP22-5 WTO 2025: Restoring binding dispute settlement
by Alan Wm. Wolff - WP22-4 Socioeconomic diversity of economics PhDs
by Robert Schultz & Anna Stansbury - WP22-3 The private sector advances in China: The evolving ownership structures of the largest companies in the Xi Jinping era
by Tianlei Huang & Nicolas Veron - WP22-2 The international financial system after COVID-19
by Maurice Obstfeld - WP22-1 Trump ended WTO dispute settlement. Trade remedies are needed to fix it
by Chad P. Bown
2021
- WP21-15 Low inflation bends the Phillips curve around the world: Extended results
by Kristin J. Forbes & Joseph E. Gagnon & Christopher G. Collins - WP21-14 From hermit kingdom to miracle on the Han
by Douglas A. Irwin - WP21-13 How economic ideas led to Taiwan’s shift to export promotion in the 1950s
by Douglas A. Irwin - WP21-12 How COVID-19 vaccine supply chains emerged in the midst of a pandemic
by Chad P. Bown & Thomas J. Bollyky - WP21-11 How COVID-19 medical supply shortages led to extraordinary trade and industrial policy
by Chad P. Bown - WP21-10 The political economy of pandemic preparedness and effectiveness
by Cullen S. Hendrix - WP12-16 Dollar Not So Dominant: Dollar Invoicing Has Only a Small Effect on Trade Prices
by Joseph E. Gagnon & Madi Sarsenbayev - WP21-9 Do US firms have an incentive to comply with the FLSA and the NLRA?
by Anna Stansbury - WP21-8 The role of childcare challenges in the US jobs market recovery during the COVID-19 pandemic
by Jason Furman & Melissa S. Kearney & Wilson Powell III - WP21-7 How China lends: A rare look into 100 debt contracts with foreign governments
by Anna Gelpern & Sebastian Horn & Scott Morris & Brad Parks & Christoph Trebesch - WP21-6 COVID-19 credit support programs in Europe’s five largest economies
by Julia Anderson & Francesco Papadia & Nicolas Veron - WP21-5 Do gendered laws matter for women’s economic empowerment?
by Marie Hyland & Simeon Djankov & Pinelopi Koujianou Goldberg - WP21-4 Fiscal and exchange rate policies drive trade imbalances: New estimates
by Joseph E. Gagnon & Madi Sarsenbayev - WP21-3 COVID-19 and the 2020 US Presidential Election: Did the Pandemic Cost Donald Trump Reelection?
by Marcus Noland & Eva Yiwen Zhang - WP21-2 The US–China trade war and phase one agreement
by Chad P. Bown - WP21-1 Redesigning EU fiscal rules: From rules to standards
by Olivier J Blanchard & Alvaro Leandro & Jeromin Zettelmeyer
2020
- WP20-16 How the United States marched the semiconductor industry into its trade war with China
by Chad P. Bown - WP20-15 Trade surplus or deficit? Neither matters for changes in manufacturing employment shares
by Robert Z. Lawrence - WP20-14 Public Procurement in Law and Practice
by Erica Bosio & Simeon Djankov & Edward Glaeser & Andrei Shleifer - WP20-13 Sovereign debt restructuring: The centrality of the IMF's role
by Sean Hagan - WP20-12 Harry Johnson's "case for flexible exchange rates"—50 years later
by Maurice Obstfeld - WP20-11 The short- and long-term costs to the United States of the Trump administration's attempt to deport foreign students
by Sherman Robinson & Marcus Noland & Egor Gornostay & Soyoung Han - WP20-10 The Rise and Fall of Import Substitution
by Douglas A. Irwin - WP20-09 East Asia Decouples from the United States: Trade War, COVID-19, and East Asia's New Trade Blocs
by Peter A. Petri & Michael G. Plummer - WP20-8 Export controls: America’s other national security threat
by Chad P. Bown - WP20-7 Gendered laws and women in the workforce
by Marie Hyland & Simeon Djankov & Pinelopi Koujianou Goldberg - WP20-6 Low Inflation Bends the Phillips Curve around the World
by Kristin J. Forbes & Joseph E. Gagnon & Christopher G. Collins - WP20-5 A program for strengthening the Federal Reserve's ability to fight the next recession
by David Reifschneider & David Wilcox - WP20-4 Why Trump shot the sheriffs: The end of WTO dispute settlement 1.0
by Chad P. Bown & Soumaya Keynes - WP20-3 Global Value Chains and the Removal of Trade Protection
by Chad P. Bown & Aksel Erbahar & Maurizio Zanardi - WP20-2 Central bank policy sets the lower bound on bond yield
by Joseph E. Gagnon & Olivier Jeanne - WP20-1 To What Extent Are Tariffs Offset by Exchange Rates?
by Olivier Jeanne
2019
- WP19-21 Did Trump's Trade War Impact the 2018 Election?
by Emily J. Blanchard & Chad P. Bown & Davin Chor - WP19-20 Capital Controls and International Trade: An Industry Financial Vulnerability Perspective
by Kevin Lai & Tao Wang & David Xu - WP19-19 Inflation Targets in Latin America
by José De Gregorio - WP19-18 Should Monetary Policy Take Inequality and Climate Change into Account?
by Patrick Honohan - WP19-17 WTO'ing a Resolution to the China Subsidy Problem
by Chad P. Bown & Jennifer A. Hillman - WP19-16 Global Dimensions of US Monetary Policy
by Maurice Obstfeld - WP19-15 Measuring the Rise of Economic Nationalism
by Monica de Bolle & Jeromin Zettelmeyer - WP19-14 Creating a Euro Area Safe Asset without Mutualizing Risk (Much)
by Alvaro Leandro & Jeromin Zettelmeyer - WP19-13 EU Trade Policy amid the China-US Clash: Caught in the Cross-Fire?
by Anabel Gonzalez & Nicolas Veron - WP19-12 Aggregate Effects of Budget Stimulus: Evidence from the Large Fiscal Expansions Database
by Jeremie Cohen-Setton & Egor Gornostay & Colombe Ladreit de Lacharriere - WP19-11 International Coordination of Economic Policies in the Global Financial Crisis: Successes, Failures, and Consequences
by Edwin M. Truman - WP19-10 Protectionism under Trump: The China Shock, Intolerance, and the “First White President”
by Marcus Noland - WP19-9 Does Trade Reform Promote Economic Growth? A Review of Recent Evidence
by Douglas A. Irwin - WP19-8 How to Restructure Sovereign Debt: Lessons from Four Decades
by Lee Buchheit & Chanda DeLong & Guillaume Chabert & Jeromin Zettlemeyer - WP19-7 The 2018 US-China Trade Conflict after 40 Years of Special Protection
by Chad P. Bown - WP19-6 Low Inflation Bends the Phillips Curve
by Joseph E. Gagnon & Christopher G. Collins - WP19-5 Brexit: Everyone Loses, but Britain Loses the Most
by María C. Latorre & Zoryana Olekseyuk & Hidemichi Yonezawa & Sherman Robinson - WP19-4 Public Debt and Low Interest Rates
by Olivier J Blanchard - WP19-3 The Economic Benefits of Latino Immigration: How the Migrant Hispanic Population’s Demographic Characteristics Contribute to US Growth
by Jacob Funk Kirkegaard & Gonzalo Huertas - WP19-2 Active Labor Market Policies: Lessons from Other Countries for the United States
by Chad P. Bown & Caroline Freund - WP19-1 The Problem of US Labor Force Participation
by Chad P. Bown & Caroline Freund
2018
- WP18-13 Trade Policy toward Supply Chains after the Great Recession
by Chad P. Bown - WP18-12 Productivity in Emerging-Market Economies: Slowdown or Stagnation?
by José De Gregorio - WP18-11 Implications of Lower Trend Productivity Growth for Tax Policy
by Karen Dynan - WP18-10 Living with Lower Productivity Growth: Impact on Exports
by Filippo di Mauro & Bernardo Mottironi & Gianmarco Ottaviano & Alessandro Zona-Mattioli - WP18-9 Effects of Low Productivity Growth on Fiscal Sustainability in the United States
by Louise Sheiner - WP18-8 Real and Imagined Constraints on Euro Area Monetary Policy
by Patrick Honohan - WP18-7 Growth-indexed Bonds and Debt Distribution: Theoretical Benefits and Practical Limits
by Julien Acalin - WP18-6 EU Financial Services Policy since 2007: Crisis, Responses, and Prospects
by Nicolas Veron - WP18-5 Productivity and Pay: Is the Link Broken?
by Anna Stansbury & Lawrence H. Summers - WP18-4 Slower Productivity and Higher Inequality: Are They Related?
by Jason Furman & Peter Orszag - WP18-3 The Search for a Euro Area Safe Asset
by Jeromin Zettelmeyer & Álvaro Leandro - WP18-2 Global Imbalances and the Trade Slowdown
by Caroline Freund - WP18-1 ECB Interventions in Distressed Sovereign Debt Markets: The Case of Greek Bonds
by Jeromin Zettelmeyer & Christoph Trebesch
2017
- WP17-15 Do Governments Drive Global Trade Imbalances?
by Joseph E. Gagnon - WP17-14 Should We Reject the Natural Rate Hypothesis?
by Olivier J Blanchard - WP17-13 A New Index of External Debt Sustainability
by Olivier J Blanchard & Mitali Das - WP17-12 Recent US Manufacturing Employment: The Exception that Proves the Rule
by Robert Z. Lawrence - WP17-11 The End of the Bretton Woods International Monetary System
by Edwin M. Truman - WP17-10 Going It Alone in the Asia-Pacific: Regional Trade Agreements Without the United States
by Peter A. Petri & Michael G. Plummer & Shujiro Urata & Fan Zhai - WP17-9 Trade and Fiscal Deficits, Tax Reform, and the Dollar: General Equilibrium Impact Estimates
by William R. Cline - WP17-8 Boom, Slump, Sudden Stops, Recovery, and Policy Options: Portugal and the Euro
by Olivier J Blanchard & Pedro Portugal - WP17-7 Manufacturing and the 2016 Election: An Analysis of US Presidential Election Data
by Caroline Freund & Dario Sidhu - WP17-6 Does Greece Need More Official Debt Relief? If So, How Much?
by Jeromin Zettelmeyer & Eike Kreplin & Ugo Panizza - WP17-5 Effects of Consumption Taxes on Real Exchange Rates and Trade Balances
by Caroline Freund & Joseph E. Gagnon - WP17-4 Supply-Side Policies in the Depression: Evidence from France
by Jérémie Cohen-Setton & Joshua K. Hausman & Johannes F. Wieland - WP17-3 Kicking a Crude Habit: Diversifying Away from Oil and Gas in the 21st Century
by Caroline Freund & Dario Sidhu - WP17-2 Kicking a Crude Habit: Diversifying Away from Oil and Gas in the 21st Century
by Cullen S. Hendrix - WP17-1 Multinational Investors as Export Superstars: How Emerging-Market Governments Can Reshape Comparative Advantage
by Caroline Freund & Theodore H. Moran
2016
- WP16-14 Foot-and-Mouth Disease and Argentina's Beef Exports: The WTO's US–Animals Dispute
by Chad P. Bown & Jennifer A. Hillman - WP16-13 US–COOL Retaliation: The WTO's Article 22.6 Arbitration
by Chad P. Bown & Rachel Brewster - WP16-12 Preferential Liberalization, Antidumping, and Safeguards: “Stumbling Block” Evidence from Mercosur
by Chad P. Bown & Patricia Tovar - WP16-11 The Origins and Dynamics of Export Superstars
by Caroline Freund & Martha Denisse Pierola - WP16-10 The Divergent Postcommunist Paths to Democracy and Economic Freedom
by Simeon Djankov & Owen Hauck - WP16-9 Currency Wars, Coordination, and Capital Controls
by Olivier Blanchard - WP16-8 Large Depreciations: Recent Experience in Historical Perspective
by José De Gregorio - WP16-7 A Portfolio Model of Quantitative Easing
by Jens H. E. Christensen & Signe Krogstrup - WP16-6 Benefits and Costs of Higher Capital Requirements for Banks
by William R. Cline - WP16-5 Adjustment and Income Distribution Impacts of the Trans-Pacific Partnership
by Robert Z. Lawrence & Tyler Moran - WP16-4 Russian Doping in Sports
by Marcus Noland - WP16-3 Is Gender Diversity Profitable? Evidence from a Global Survey
by Marcus Noland & Tyler Moran & Barbara Kotschwar - WP16-2 The Economic Effects of the Trans-Pacific Partnership: New Estimates
by Peter A. Petri & Michael G. Plummer - WP16-1 The Origins of the Superrich: The Billionaire Characteristics Database
by Caroline Freund & Sarah Oliver
2015
- WP15-19 Inflation and Activity: Two Explorations and Their Monetary Policy Implications
by Olivier Blanchard & Eugenio Cerutti & Lawrence H. Summers - WP15-18 Can Foreign Exchange Intervention Stem Exchange Rate Pressures from Global Capital Flow Shocks?
by Olivier Blanchard & Gustavo Adler & Irineu de Carvalho Filho - WP15-17 Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence
by Olivier Blanchard & Jonathan D. Ostry & Atish R. Ghosh & Marcos Chamon - WP15-16 Further Statistical Debate on "Too Much Finance"
by William R. Cline - WP15-15 The Influence of Foreign Direct Investment, Intrafirm Trading, and Currency Undervaluation on US Firm Trade Disputes
by J. Bradford Jensen & Dennis P. Quinn & Stephen Weymouth - WP15-14 The OECD's "Action Plan" to Raise Taxes on Multinational Corporations
by Gary Clyde Hufbauer & Euijin Jung & Tyler Moran & Martian Vieiro - WP15-13 Enhancing Financial Stability in Developing Asia
by Adam S. Posen & Nicolas Veron - WP15-12 The Tradability of Services: Geographic Concentration and Trade Costs
by Antoine Gervais & J. Bradford Jensen - WP15-11 The Resilient Trade Surplus, the Pharmaceutical Sector, and Exchange Rate Assessments in Switzerland
by Philip Sauré - WP15-10 Recent Declines in Labor's Share in US Income: A Preliminary Neoclassical Account
by Robert Z. Lawrence - WP15-9 An Old Boys' Club No More: Pluralism in Participation and Performance at the Olympic Games
by Marcus Noland & Kevin Stahler - WP15-8 Testing the Modigliani-Miller Theorem of Capital Structure Irrelevance for Banks
by William R. Cline - WP15-7 The Future of Worldwide Income Distribution
by Tomas Hellebrandt & Paolo Mauro - WP15-6 Financing Productivity- and Innovation-Led Growth in Developing Asia: International Lessons and Policy Issues
by Ajai Chopra - WP15-5 The Financial Sector and Growth in Emerging Asian Economies
by William R. Cline - WP15-4 Maintaining Financial Stability in the People's Republic of China during Financial Liberalization
by Nicholas Borst & Nicholas Lardy - WP15-3 Financing Asia's Growth
by Gemma Estrada & Marcus Noland & Donghyun Park & Arief Ramayandi - WP15-2 Myanmar: Cross-Cutting Governance Challenges
by Cullen S. Hendrix & Marcus Noland - WP15-1 The Economic Scope and Future of US-India Labor Migration Issues
by Jacob Funk Kirkegaard
2014
- WP14-12 Foreign Investment and Supply Chains in Emerging Markets: Recurring Problems and Demonstrated Solutions
by Theodore H. Moran - WP14-11 Understanding Differences in Growth Performance in Latin America and Developing Countries between the Asian and Global Financial Crises
by Roberto Alvarez & Jose De Gregorio - WP14-10 Versailles Redux? Eurozone Competitiveness in a Dynamic Balassa-Samuelson-Penn Framework
by Kevin Stahler & Arvind Subramanian - WP14-9 Sustainability of Public Debt in the United States and Japan
by William R. Cline - WP14-8 Official Financial Flows, Capital Mobility, and Global Imbalances
by Tamim Bayoumi & Joseph E. Gagnon & Christian Saborowski - WP14-7 What Goes into a Medal: Women's Inclusion and Success at the Olympic Games
by Marcus Noland & Kevin Stahler - WP14-6 Wages and Labor Market Slack: Making the Dual Mandate Operational
by David G. Blanchflower & Adam S. Posen - WP14-5 The Federal Reserve Engages the World (1970-2000): An Insider's Narrative of the Transition to Managed Floating and Financial Turbulence
by Edwin M. Truman - WP14-4 Demographic versus Cyclical Influences on US Labor Force Participation
by William R. Cline & Jared Nolan - WP14-3 Oil Prices and Interstate Conflict Behavior
by Cullen S. Hendrix - WP14-2 Labor Market Slack in the United Kingdom
by David N. F. Bell & David G. Blanchflower - WP14-1 Regime Change, Democracy, and Growth
by Caroline Freund & Mélise Jaud
2013
- WP13-11 AGOA Rules: The Intended and Unintended Consequences of Special Fabric Provisions
by Lawrence Edwards & Robert Z. Lawrence - WP13-10 Why Growth in Emerging Economies Is Likely to Fall
by Anders Aslund - WP13-9 Asian and European Financial Crises Compared
by Edwin M. Truman - WP13-8 The Greek Debt Restructuring: An Autopsy
by Jeromin Zettelmeyer & Christoph Trebesch & Mitu Gulati - WP13-7 How to Measure Underemployment?
by David N. F. Bell & David G. Blanchflower - WP13-6 The Hyperglobalization of Trade and Its Future
by Arvind Subramanian & Martin Kessler - WP13-5 Peers and Tiers and US High-Tech Export Controls: A New Approach to Estimating Export Shortfalls
by Asha Sundaram & J. David Richardson - WP13-4 The Rise of Emerging Asia: Regional Peace and Global Security
by Miles Kahler - WP13-3 Does High Home-Ownership Impair the Labor Market?
by David G. Blanchflower & Andrew J. Oswald - WP13-2 The Elephant Hiding in the Room: Currency Intervention and Trade Imbalances
by Joseph E. Gagnon - WP13-1 The Importance of Trade and Capital Imbalances in the European Debt Crisis
by Andrew Hughes Hallett & Juan Carlos Martinez Oliva
2012
- WP12-22 Assessing Potential Inflation Consequences of QE after Financial Crises
by Samuel Reynard - WP12-19 The Renminbi Bloc is Here: Asia Down, Rest of the World to Go?
by Arvind Subramanian & Martin Kessler - WP12-18 Developing the Services Sector as Engine of Growth for Asia: An Overview
by Marcus Noland & Donghyun Park & Gemma B. Estrada - WP12-17 Prospects for Services Trade Negotiations
by Jeffrey J. Schott & Minsoo Lee & Julia Muir - WP12-16 Transactions: A New Look at Services Sector Foreign Direct Investment in Asia
by Jacob Funk Kirkegaard - WP12-15 Choice and Coercion in East Asian Exchange Rate Regimes
by C. Randall Henning - WP12-14 Capital Account Policies and the Real Exchange Rate
by Olivier Jeanne - WP12-13 John Williamson and the Evolution of the International Monetary System
by Edwin M. Truman