The Bretton Woods Experience and ERM
Chris Kirrane

TL;DR
This paper examines the historical Bretton Woods system to draw comparisons with the modern European Monetary System (EMS), providing insights into their similarities and differences.
Contribution
It offers a historical analysis of Bretton Woods to inform understanding of current EMS developments and challenges.
Findings
Identifies key similarities between Bretton Woods and EMS
Highlights differences in monetary cooperation mechanisms
Provides insights into the evolution of fixed exchange rate systems
Abstract
Historical examination of the Bretton Woods system allows comparisons to be made with the current evolution of the EMS.
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Taxonomy
TopicsInternational Development and Aid · Global Financial Crisis and Policies
