Description |
1 online resource (19 pages) |
Series |
IMF working paper ; WP/06/6 |
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IMF working paper ; WP/06/6.
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Contents |
""Contents""; ""I. HARRY DEXTER WHITE""; ""II. THE ARCHIVES""; ""III. THE DESIGN OF THE IMF""; ""IV. CONCLUDING OBSERVATIONS""; ""REFERENCES"" |
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 |
Bibliography |
Includes bibliographical references (pages 17-19) |
Notes |
English |
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Print version record |
Subject |
White, Harry Dexter, 1892-1948.
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SUBJECT |
White, Harry Dexter, 1892-1948 fast |
Subject |
International Monetary Fund.
|
SUBJECT |
International Monetary Fund fast |
Subject |
International finance.
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|
International finance
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Form |
Electronic book
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Author |
International Monetary Fund. Policy Development and Review Department
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ISBN |
1282391917 |
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9781282391918 |
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9781451908022 |
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1451908024 |
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1462393209 |
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9781462393206 |
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1452762260 |
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9781452762265 |
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9786613820341 |
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6613820342 |
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