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The Bretton Woods Establishment There was a perception that the Fund was ill suited to the post-war environment and had become a ‘white elephant’ and a ‘bank without clients’ Games 1996, 83–4, 91, 102). In the early years, there had been several devaluations and several renegade currencies floating. But after 1957, the IMF was plBreach 发表于 2025-3-29 16:57:44
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1967: the AEA President versus the AFA Presidentsa, the current President of the American Finance Association (AFA), was regarded as ‘the foremost American expert on international monetary affairs’ (Volcker and Gyohten 1992, 21). The 49-year-old Roosa (1961, 125) was the quintessential ‘Best and Brightest’. Friedman, the current AEA President, ha