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| 07682. THE CHANGING ROLE OF INTERNATIONAL OFFICIAL LIQUIDITY. Overview of the international monetary system 1944-1984. What the international monetary system and international liquidity are; the Bretton Woods system, why it was established, what it was expected to be and what it was in practice; the problems that led to the financial crises of 1968-1973; the Nixon shock, floating rates, SDRs, and the effects of the oil shock; recycling petrodollars and the effects of this on international liquidity; the relation of the debt crisis of 1982-1983 to international liquidity, and how the debt problem is being solved. 17 pages, 31 footnotes, 13 bibliographic sources. |
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$119
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