Covers the history of the Bank for International Settlements (BIS), from its founding in Basel in 1930 to the end of the Bretton Woods system in 1973, with a focus on cooperation among the main central banks for the stability and efficiency of the international monetary system.credit markets. There were, of course, various technical improvements that needed to be made to financial markets, but ... the full acceptance by governments in reserve currency countries of responsibility with respect to sound international money. ... the European Payments Union As far as international payments are concerned, the European Payments Union (EPU) was ... in payments of exports, instantly unsnarling the suffocating tangle of bilateral agreements upon which [Western]anbsp;...
|Title||:||Central Bank Cooperation at the Bank for International Settlements, 1930-1973|
|Author||:||Gianni Toniolo, Piet Clement|
|Publisher||:||Cambridge University Press - 2005-05-16|