Titlebook: Building Trust in the International Monetary System; The Different Cases Giovanni Battista Pittaluga,Elena Seghezza Book 2021 The Editor(s

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Moussedek Bousseboua,Mounir Mesbahls significantly higher than the pre-war period and experiencing marked exchange rate volatility. In this context governments became convinced of the necessity to rebuild an international monetary order by re-establishing a system similar to the gold standard: the gold-exchange standard. This system

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Rachele Foschi,Fabio Spizzichinoowever, failed. With the end of the fixed exchange rate regime governments’ discretion in managing monetary policy expanded significantly. The result, in the 1970s, was a high level of monetary disorder. The stability of the international monetary system was eventually restored through institutional

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