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Ragnar Nurkse and the international financial architecture

Author

Listed:
  • Barry Eichengreen

    (Department of Economics, University of California, Berkeley)

Abstract

This lecture discusses the work by the Estonian economist Ragnar Nurkse (1907-1959). It focuses on the early Nurkse, who was concerned with exchange rates, capital flows and what today we call the international financial architecture. It asks how many of the conclusions of International Currency Experience [Nurkse, R. (1944). International Currency Experience. Geneva: League of Nations.] survive. How many of Nurkses points about the interwar gold standard are confirmed by subsequent scholarship? How many of his points are still relevant to the international monetary problems of today?

Suggested Citation

  • Barry Eichengreen, 2018. "Ragnar Nurkse and the international financial architecture," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 18(2), pages 118-128.
    • Handle: RePEc:bic:journl:v:18:y:2018:i:2:p:118-128
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    File URL: https://www.tandfonline.com/doi/full/10.1080/1406099X.2018.1540186
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    Cited by:

    1. Economic Research Institute at BAS (ed.), 2020. "Economic Development and Policies – Realities and Prospects," ERI-BAS Books, Bulgarian Academy of Sciences - Economic Research Institute, number 36:p:1-884, June.

    More about this item

    Keywords

    International finance; fixed exchange rate; financial crises;
    All these keywords.

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • N20 - Economic History - - Financial Markets and Institutions - - - General, International, or Comparative

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