Borrow it
Coverart for item
The Resource International monetary cooperation : lessons from the Plaza Accord after thirty years, C. Fred Bergsten and Russell A. Green, editors

International monetary cooperation : lessons from the Plaza Accord after thirty years, C. Fred Bergsten and Russell A. Green, editors

Creator
Author
Editor
Contributor
Summary
The issue of countries artificially manipulating the value of their currencies is at the center of most debates about trade in the United States today. Critics of liberalizing trade have charged, for example, that China has suppressed the value of its currency in order to make its exports cheaper and imports more expensive. Thirty years ago, however, the Reagan administration confronted Japan with the same accusation. Then in a secret meeting in 1985, finance ministers from the United States, Japan and three other major economies in the world gathered in New York City at the Plaza Hotel in an effort to resolve a crisis caused by that criticism. The Plaza Accord coordinated exchange rates among the countries present, in turn depreciating the dollar and restoring some equity to the global market. Was that meeting a success? Or did it usher in 30 years of tensions that have hurt, rather than helped, the cause of improved trade? In late 2015, policymakers and academics held a Plaza Retrospective conference in Houston to evaluate the accord's successes and drawbacks, and how its collaborative spirit can be applied to today's increasingly integrated world economy. This volume, with contributions by former Treasury Secretary James A. Baker III and former Federal Reserve chairman Paul A. Volcker, presents their analyses.--
Language
eng
Work
Instance
Label
International monetary cooperation : lessons from the Plaza Accord after thirty years
Title
International monetary cooperation
Title remainder
lessons from the Plaza Accord after thirty years
Statement of responsibility
C. Fred Bergsten and Russell A. Green, editors
Creator
Contributor
Author
Editor
Subject
Language
eng
Summary
The issue of countries artificially manipulating the value of their currencies is at the center of most debates about trade in the United States today. Critics of liberalizing trade have charged, for example, that China has suppressed the value of its currency in order to make its exports cheaper and imports more expensive. Thirty years ago, however, the Reagan administration confronted Japan with the same accusation. Then in a secret meeting in 1985, finance ministers from the United States, Japan and three other major economies in the world gathered in New York City at the Plaza Hotel in an effort to resolve a crisis caused by that criticism. The Plaza Accord coordinated exchange rates among the countries present, in turn depreciating the dollar and restoring some equity to the global market. Was that meeting a success? Or did it usher in 30 years of tensions that have hurt, rather than helped, the cause of improved trade? In late 2015, policymakers and academics held a Plaza Retrospective conference in Houston to evaluate the accord's successes and drawbacks, and how its collaborative spirit can be applied to today's increasingly integrated world economy. This volume, with contributions by former Treasury Secretary James A. Baker III and former Federal Reserve chairman Paul A. Volcker, presents their analyses.--
Assigning source
Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorDate
1941-
http://library.link/vocab/creatorName
Bergsten, C. Fred
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
Green, Russell Aaron
http://library.link/vocab/subjectName
  • Foreign exchange rates
  • Devaluation of currency
  • Monetary policy
  • Economic policy
  • International finance
  • International trade
Label
International monetary cooperation : lessons from the Plaza Accord after thirty years, C. Fred Bergsten and Russell A. Green, editors
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent.
Control code
FIEb17840612
Dimensions
23 cm.
Extent
xi, 312 pages
Isbn
9780881327113
Media category
unmediated
Media MARC source
rdamedia.
Media type code
  • n
Other physical details
illustrations
System control number
  • 18946004
  • (OCoLC)936205131
Label
International monetary cooperation : lessons from the Plaza Accord after thirty years, C. Fred Bergsten and Russell A. Green, editors
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent.
Control code
FIEb17840612
Dimensions
23 cm.
Extent
xi, 312 pages
Isbn
9780881327113
Media category
unmediated
Media MARC source
rdamedia.
Media type code
  • n
Other physical details
illustrations
System control number
  • 18946004
  • (OCoLC)936205131

Subject

Library Locations

    • Badia FiesolanaBorrow it
      Via dei Roccettini 9, San Domenico di Fiesole, 50014, IT
      43.803074 11.283055

Library Links

Structured data from the Bibframe namespace is licensed under the Creative Commons Attribution 4.0 International License by European University Institute. Additional terms may apply to data associated with third party namespaces.
Processing Feedback ...