REAL

The Bretton Woods System as the Cornerstone of the United States’ Hegemony

Solti, Ágnes (2024) The Bretton Woods System as the Cornerstone of the United States’ Hegemony. FINANCIAL AND ECONOMIC REVIEW, 23 (2). pp. 186-204. ISSN 2415-9271 (print); 2415-928X (online)

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Abstract

The Bretton Woods agreement was the most important milestone in the development of the financial system that characterised the new world order after the Second World War. Amidst the ongoing war, on 1 July 1944, 730 representatives from 44 Allied countries met at Bretton Woods to lay the foundations for a new international monetary regime after the end of the global conflict. It also meant a significant strengthening of the United States of America and the consolidation of the economic foundations of the Pax Americana. In this flashback, we focus on th shaping of US interests, the details of the Keynes-White debate and the long-term effects of the Bretton Woods system.

Item Type: Article
Subjects: H Social Sciences / társadalomtudományok > HG Finance / pénzügy > HG5 Monetary system / pénzrendszer
SWORD Depositor: MTMT SWORD
Depositing User: MTMT SWORD
Date Deposited: 02 Jul 2024 07:29
Last Modified: 02 Jul 2024 07:29
URI: https://real.mtak.hu/id/eprint/199016

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