Economics, Econometrics and Finance
4 years ago

Goodbye Bretton Woods: Floating Exchange Rates to Rule Monetary Policy

MPRA Paper
Bretton Woods Fixed Exchange Rate System versus Floating Exchange Rate System
Paula Geza, Laura Giurcă Vasilescu

Paper Summary

The article compares fixed exchange rate systems like Bretton Woods to floating exchange rate systems. It discusses whether governments should control exchange rates, considering how changes affect the economy. The researchers suggest that fixed exchange rate systems have failed and are unlikely to return due to improvements in financial markets.

Related papers

Theme background image
Social Sciences
4 years ago

Exchange rate policies during aid surges impact economic growth and welfare.

Foreign Aid
Financial Access
Infrastructure Impact
1 view
Economics, Econometrics and Finance
8 years ago

No One-Size-Fits-All: Fixed vs. Floating Exchange Rates Impact Global Economies.

International Finance
Fiscal Policy
Macroeconomic Analysis
2 views
Economics, Econometrics and Finance
8 years ago

Floating exchange rates boost CEE countries' resilience to global crises.

International Finance
Macroeconomic Analysis
Fiscal Policy