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" Provided that the innocent current transactions are let through, there is nothing in the plan to prevent this. In fact, it is encouraged. It follows that our right to control the domestic capital market is secured on firmer foundations than ever before,... "
The Quality of Growth - Page 132
edited by - 2000 - 262 pages
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Bretton Woods Agreements Act

United States. Congress. Senate. Committee on Banking and Currency - 1945 - 688 pages
...transactions are let through, there is nothing in the plan to prevent this. In fact, it is encouraged. It follows that our right to control the domestic...foundations than ever before, and is formally accepted as a proper part of agreed international arrangements. The question, however, which lias recently been given...
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States and the Reemergence of Global Finance: From Bretton Woods to the 1990s

Eric Helleiner - 1996 - 284 pages
...House of Lords that the endorsement of capital controls in the Bretton Woods Agreement would ensure that "our right to control the domestic capital market...is secured on firmer foundations than ever before. "3< Moreover, both Keynes and White argued that the new welfare state had to be protected from capital...
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Who Elected the Bankers?: Surveillance and Control in the World Economy

Louis W. Pauly - 1997 - 204 pages
...were not intended to restrict trade. 28 For his part, Keynes interpreted this compromise as follows: Not merely as a feature of the transition, but as...foundations than ever before, and is formally accepted as a proper part of agreed international arrangements. 29 In the day-to-day experience of the IMF, the difficulty...
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The Currency of Ideas: Monetary Politics in the European Union

Kathleen R. McNamara - 1998 - 214 pages
...right to control all capital movements. What used to be hearsay is now endorsed as orthodox. . . . Our right to control the domestic capital market is...foundations than ever before, and is formally accepted as a proper part of agreed international arrangements.31 Writings of John Maynard Keynes (London: Macmillan,...
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Continuity and Change in Contemporary Capitalism

Herbert Kitschelt - 1999 - 546 pages
...Not merely as a feature of the transition but as a permanent arrangement the plan accords to every government the explicit right to control all capital...foundations than ever before, and is formally accepted as a proper part of agreed international agreements, (as quoted by Goodman and Pauly 1993: n. 5) Thus, after...
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Managing Financial and Corporate Distress: Lessons from Asia

Charles Adams, Robert E. Litan, Michael Pomerleano - 2010 - 516 pages
...issue succinctly in his ofren-quored 1944 speech to Parliament, stating that "Not merely as a fearure of the transition, but as a permanent arrangement,...firmer foundations than ever before, and is formally accepred as a part of agreed inrernational agreements" (Gold 19 7 7. p. 11). models of Robert Mundell...
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Crisis Prevention and Prosperity Management for the World Economy ..., Part 1

Ralph C. Bryant - 2004 - 184 pages
...explicit right to control all capital movements. What used to be heresy is now endorsed as orthodox. . . .Our right to control the domestic capital market...foundations than ever before, and is formally accepted as a proper part of agreed international arrangements.64 Even the government of the United States, which...
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Monetary Divergence: Domestic Policy Autonomy in the Post-Bretton Woods Era

David Bearce - 2009 - 181 pages
...employment, and inflation. trade flows). John Maynard Keynes (quoted from Gold 1977, 11) explained: "As a permanent arrangement, the plan accords to every...foundations than ever before, and is formally accepted as a proper part of agreed international agreements." But restricting international capital flows was easier...
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Capital Rules: The Construction of Global Finance

Rawi Abdelal - 2007 - 332 pages
...transactions are let through, there is nothing in the plan to prevent this. In fact, it is encouraged. It follows that our right to control the domestic...foundations than ever before, and is formally accepted as a proper part of agreed international arrangements.6 Richard Gardner observed of the US Treasury policymakers,...
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