Why White, not Keynes? inventing the postwar international monetary system

The international monetary system is largely the product of negotiations during World War II between U.S. and U.K. officials, led respectively by Harry Dexter White and John Maynard Keynes. The design of the system, especially the International Monetary Fund, reflects the U.S. plan much more than th...

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Bibliographic Details
Main Author: Boughton, James M.
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002
Series:IMF working paper ; no. WP/02/52
Subjects:
Online Access:http://www.imf.org/external/pubs/ft/wp/2002/wp0252.pdf
Description
Summary:The international monetary system is largely the product of negotiations during World War II between U.S. and U.K. officials, led respectively by Harry Dexter White and John Maynard Keynes. The design of the system, especially the International Monetary Fund, reflects the U.S. plan much more than the British. That outcome resulted not only from the superior economic position of the United States but also from differences between White's and Keynes's views on key issues. Examination of White's economic papers shows that he was more multilateral than Keynes and placed a higher priority on monetary discipline.
Physical Description:24 p.
Bibliography:Bibliografía: p. 21-24.