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In a Keynesian Mood?: Why Exchange Rate Systems Collapse

Toshiaki Hirai, Maria Cristina Marcuzzo, and Perry Mehrling

in Keynesian Reflections: Effective Demand, Money, Finance, and Policies in the Crisis

Published in print:
2013
Published Online:
May 2013
ISBN:
9780198092117
eISBN:
9780199082506
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198092117.003.0010
Subject:
Economics and Finance, History of Economic Thought

Keynesian proposals for reforming international monetary relations aim at establishing a world central bank that, in order to enhance stability and growth, imposes ceilings for current account ... More


Some Foreseeable Disasters of the Global Economy: The High Cost of Neglecting Keynes’s Approach

Toshiaki Hirai, Maria Cristina Marcuzzo, and Perry Mehrling

in Keynesian Reflections: Effective Demand, Money, Finance, and Policies in the Crisis

Published in print:
2013
Published Online:
May 2013
ISBN:
9780198092117
eISBN:
9780199082506
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198092117.003.0014
Subject:
Economics and Finance, History of Economic Thought

The chapter revisits some foreseeable disasters of the recent history of the global economy, from the consequences of the failed attempt to construct a disciplinary international economic order based ... More


Why Not Bancor?: Keynes’s Currency Plan as a Solution to Global Imbalances

Toshiaki Hirai, Maria Cristina Marcuzzo, and Perry Mehrling

in Keynesian Reflections: Effective Demand, Money, Finance, and Policies in the Crisis

Published in print:
2013
Published Online:
May 2013
ISBN:
9780198092117
eISBN:
9780199082506
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198092117.003.0009
Subject:
Economics and Finance, History of Economic Thought

This chapter revisits Keynes’s post-war currency plans as a source of inspiration to address the persistent problem of global imbalances. It shows how the international monetary system established at ... More


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