{"product_id":"a-search-for-solvency-alfred-e-eckes-9780292740839","title":"A Search for Solvency: Bretton Woods and the International Monetary System, 1941-1971","description":"\u003cp\u003eDiverted by the dramatic military and political events of July 1944, few Americans realized the significance of an international conference taking place at Bretton Woods, a mountain resort in New Hampshire, far from the battle zones. There United Nations experts were completing plans for a world monetary and financial system that they hoped would create a prosperous, efficient global economy and avert economic tensions that might lead to another world war. Until the dollar crisis of 1971, decisions made at Bretton Woods provided the institutions and rules for international finance. The conference ushered in an era of unprecedented expansion of world trade and prosperity.\u003c\/p\u003e \u003cp\u003eBased on extensive research in previously unavailable sources, \u003ci\u003eA Search for Solvency\u003c\/i\u003e relates intriguing and often complicated issues of economic analysis and diplomatic history. It offers a succinct and comprehensive survey of international monetary development from the collapse of the pre-World War I gold standard to the devaluation of the dollar in 1971. In effect, it explains the origins of late twentieth-century global inflation and currency problems.\u003c\/p\u003e \u003cp\u003eThe author details how the ghost of the Great Depression, the failure of monetary reconstruction efforts after World War I, and the memory of the nineteenth-century gold standard guided efforts to construct the Bretton Woods system. This preoccupation with the past, as well as political constraints, produced a monetary system protected against past dangers-fluctuating currencies, controls, and deflation-but dangerously vulnerable to inflationary pressures. The weaknesses of Bretton Woods, a system geared to an era in which economic power was concentrated in the United States, became visible in the 1960s and painfully apparent by the mid-1970s.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Alfred E. Eckes\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0292740832\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780292740839\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e University of Texas Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/01\/1975\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 370\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.19lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.82d","brand":"Alfred E. Eckes","offers":[{"title":"Paperback","offer_id":47930648658175,"sku":"9780292740839","price":34.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_ea6fbe76-118e-49a4-8720-b366af18e9d2.jpg?v=1766343300","url":"https:\/\/www.whiterainbookhouse.com\/products\/a-search-for-solvency-alfred-e-eckes-9780292740839","provider":"WR Book House","version":"1.0","type":"link"}