ABSTRACT
Attempts to establish an international economic and financial order where a key feature of the settlement which followed the Second World War, as policy makers sought to establish a framework which would prevent an economic crisis on the scale of the great depression. This volume explores this period, focusing on monetary issues.
Part 1 provides a general analysis of the scope for international monetary co-operation dealing in particular with:
* The Provision of additional means of international settlement
* The arrangement of settlements on a multilateral basis
* The orderly fixation of exchange rates
* The correction of international disequilibria
* The provision of safeguards against the international transmission of business depressions.
Part 2 deals with the actual machinery of international co-operation since the war and in particular with * The International Monetary Fund
* The European Payments Union
* The role of sterling
Part 3 surveys the actual course of events since 1945, illustrating the problems that have called for treatment by international co-operation, the extent to which such treatment has been attempted, and with what success.
TABLE OF CONTENTS
part |53 pages
First Principles
chapter |7 pages
Inter-County Payments
chapter |11 pages
Exchange Rates
chapter |14 pages
International Liquidity
chapter |15 pages
International Disequilibria
chapter |5 pages
The International Transmission of Depressions
part |82 pages
The Machinery of International Monetary Co-Operation
chapter |16 pages
The International Monetary Fund
chapter |13 pages
The International Monetary Fund
chapter |24 pages
European Monetary Co-operation
chapter |29 pages
Sterling 1
part |26 pages
The Course of Events Since the War