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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14731 |
来源ID | Working Paper 14731 |
Bretton Woods II Still Defines the International Monetary System | |
Michael P. Dooley; David Folkerts-Landau; Peter M. Garber | |
发表日期 | 2009-02-19 |
出版年 | 2009 |
语种 | 英语 |
摘要 | In this paper we argue that net capital inflows to the United States did not cause the financial crisis that now engulfs the world economy. A crisis caused by such flows has been widely predicted but that crisis has not occurred. Indeed, the international monetary system still operates in the way described by the Bretton Woods II framework and is likely to continue to do so. Failure to properly identify the causes of the current crisis risks a rise in protectionism that could intensify and prolong the decline in economic activity around the world. |
主题 | International Economics ; International Finance |
URL | https://www.nber.org/papers/w14731 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572407 |
推荐引用方式 GB/T 7714 | Michael P. Dooley,David Folkerts-Landau,Peter M. Garber. Bretton Woods II Still Defines the International Monetary System. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w14731.pdf(121KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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