Talking Politics Guide to ... Bretton Woods

from  TALKING POLITICS

Jan 6, 2019

 

David talks to Helen Thompson about the economic order that was created in the aftermath of the Second World War.  What was agreed at Bretton Woods, how did it work, why did it eventually fail, and can any of it be revived?Talking Points:The Bretton Woods system:Established a system of fixed exchange rates with the U.S. dollar as the international reserve currency (other currencies were pegged to the dollar, and the dollar was pegged to gold)Created the IMF and the World BankEstablished cap...more

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