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Titlebook: International Money Flows and Currency Crises; István Gyöngyössy Book 1984 Springer Science+Business Media Dordrecht 1984 Japan.developmen

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Interconnections among the National Money Markets and their Relationship to the Euromarkets (Intern country ; it may be said that the examination of the phenomena indicated in the title of this chapter is nothing else but the examination of existing restrictions on the freedom of international money and capital flows.
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The Bretton Woods International Monetary System,nce of the United States that prevailed. The economic and political power of the United States was decisive because, in contrast to that of the other countries taking part in the agreements, it had increased as a consequence of World War II.
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Book 19841. This declaration was equivalent to an official admission of the previously evident failure of the inter­ national monetary system established in Bretton Woods after long and difficult negotiations. Although the real reasons for this failure are much deeper and more complex, the immediate cause wa
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Book 1984atize the economic and financial circles of developed capitalist countries. These economic and financial circles correctly foresaw that the ever growing and hardly controllable volume of currency flow could seriously endanger the already precarious balance of the international financial system and p
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Eurocurrency Markets, of the user and the intermediary countries, since the flows of Eurocurrencies do not automatically affect them. They do so only in the case when a Eurocurrency is converted into a national currency or vice versa.
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