Chapters in this book

1. Frontmatter i
2. Contents vii
3. Preface xi
4. I. Overviews and Origins
5. 1. The Bretton Woods International Monetary System: A Historical Overview 3
6. 2. Bretton Woods and Its Precursors: Rules versus Discretion in the History of International Monetary Regimes 109
7. 3. The Political Origins of Bretton Woods 155
8. II. Bretton Woods in Operation
9. 4. The Adjustment Mechanism 201
10. 5. The Provision of Liquidity in the Bretton Woods System 269
11. 6. International Transmission under Bretton Woods 317
12. 7. The Role of International Organizations in the Bretton Woods System 357
13. 8. Devaluation Controversies in the Developing Countries: Lessons from the Bretton Woods Era 405
14. 9. The Collapse of the Bretton Woods Fixed Exchange Rate System 461
15. 10. Panel Session I: Retrospectives 495
16. III. The Legacy of Bretton Woods
17. 11. Interest Differentials under Bretton Woods and the Post- Bretton Woods Float: The Effects of Capital Controls and Exchange Risk 515
18. 12. Attitudes toward Inflation and the Viability of Fixed Exchange Rates: Evidence from the EMS 547
19. 13. Panel Session 11: Implications for International Monetary Reform 587
20. IV. Conclusion
21. 14. Epilogue: Three Perspectives on the Bretton Woods System 621
22. Contributors 659
23. Author Index 663
24. Subject Index 669