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The Merits of Flexible Exchange Rates: An Anthology

Leo Melamed




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 | #3714532 in eBooks |  1988-12-29 |  2015-08-11 | File type: PDF

||About the Author|LEO MELAMED is Chairman Emeritus of the Chicago Mercantile Exchange. Under his twenty-five years of leadership, the CME was transformed into the world's foremost financial futures marketplace. He is recognized as the founder of the concept of fi

This anthology of significant writings by eminent economists is, in part, a critique of the Bretton Woods system of fixed exchange rates, which was very successful at the time it was instituted but which, because of its rigidity, failed in the end to address the economic problems of the post-war era. The authors suggest that the stock market crash of 1987 might not have occurred if market forces had been allowed simply to run their course in the absence of any real econo...

You can specify the type of files you want, for your device.The Merits of Flexible Exchange Rates: An Anthology   |  Leo Melamed.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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