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American in the Shadows Harry Dexter White and the Design of the International Monetary Fund

Two economists designed the main features of the charter of the IMF during World War II: John Maynard Keynes and Harry Dexter White. Several of those features are attributable primarily to White, including the adoption of fixed but adjustable exchange rates, the funding of operations with national c...

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Bibliographic Details
Main Author: Boughton, James
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2006
Series:IMF Working Papers
Subjects:
History Of Thought: Individuals
Government And The Monetary System
Payment Systems
International Monetary Arrangements And Institutions
Currency; Foreign Exchange
Monetary Economics
Regimes
Balance Of Payments
Long-term Capital Movements
Gold
Exports And Imports
International Economics
Investments: Metals
Money
Metals And Metal Products
Cement
Glass
Commodities
Capital Flows
Foreign Exchange
Standards
Ceramics
Capital Controls
Currencies
Monetary Systems
Capital Movements
Investment & Securities
Money And Monetary Policy
International Investment
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Two economists designed the main features of the charter of the IMF during World War II: John Maynard Keynes and Harry Dexter White. Several of those features are attributable primarily to White, including the adoption of fixed but adjustable exchange rates, the funding of operations with national currencies deposited by member states, extending credits through currency swaps rather than conventional loans, making these credits subject to policy conditions, and encouraging members to retain capital controls as an option for use in difficult circumstances. This study of archival material helps to uncover White's role in this design process
Physical Description:21 pages
ISBN:9781451862669

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