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Three Perspectives on the Bretton Woods System

  • Barry Eichengreen

The twenty years that have passed since the collapse of the Bretton Woods System provide sufficient distance to safely assess the operation of the post-World War II international monetary system. This paper considers the history and historiography of Bretton Woods from three perspectives. First, I ask how the questions posed today about the operation of Bretton Woods differ from those asked twenty years ago. Second, I explore how today's answers to familiar questions differ from the answers offered in the past. Third, I examine the implications of Bretton Woods experience for international monetary reform.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 4141.

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Date of creation: Aug 1992
Date of revision:
Publication status: published as Barry Eichengreen, 1993. "Epilogue: Three Perspectives on the Bretton Woods System," NBER Chapters, in: A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform, pages 621-658 National Bureau of Economic Research, Inc.
Handle: RePEc:nbr:nberwo:4141
Note: IFM
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