Working with Water
Neil Ardley
Paperback
(Franklin Watts Ltd, May 26, 1983)
This new reference work presents a detailed factual account of the world monetary system, and of the agreements and organizations on which the system depends, from the signature of the 1944 Bretton Woods agreement through to the creation of the Group of Seven in 1986. A comprehensive historical section begins with the payments arrangements arising from wartime assistance to the European allies, the Marshall Plan, and the establishment of the IMF. Subsequent chapters trace the major themes of the post-war era; the spread of convertibility, the 1967 sterling devaluation, monetary disturbances, the role of gold and the question of international liquidity, the 1971-72 Smithsonian currency realignment, the oil crisis, IMF reform, third-world debt, the Paris and Cancun conferences on international economic co-operation, and the series of major industrialized country summit meetings. This historical account is brought up to date with coverage of moves to co-ordinate exchange rate and interest rate policies. The second section of the book provides essential and systematic reference information on each of the international organizations in the monetary and financial sphere, grouped by chapter under the broad classifications of general economic organizations, monetary bodies, development organizations and trade organizations. Part III covers the New International Economic Order and Development Decade declarations of the UN. Appendices record the growth of UN and IMF membership, and the patterns of currency fluctuations. The book also includes a select bibliography, and a full general index. This book provides a comprehensive and objective factual guide to its complex subject, and incorporates the essential reference information in a form which is accessible both to researchers and to practitioners in the field.