Spirit of Bretton Woods, Are You There?
by Olivier Jeanne | December 8th, 2008 | 09:00 amThe challenges raised by the current global crisis are not unlike the interwar problems that led to the establishment of the Bretton Woods financial architecture. In the short to medium run, the worldwide slump might lead to conflicts over the appropriate levels of inflation and exchange rates, as well as to protectionist pressures. In the [...]