Journal of Economic Literature

Book Reviews

2026-08-28

Ronald I. McKinnon of Stanford University reviews “Global Imbalances and the Lessons of Bretton Woods” by Barry Eichengreen,. The EconLit Abstract of the reviewed work begins “Explores the important differences between the Bretton Woods system and the structure of the world economy today. Discusses global imbalances and the lessons of Bretton Woods; the anatomy of the gold pool; how to exit a currency peg--Japan and the end of the Bretton Woods system; and sterling's past, dollar's future. Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley. Index.”

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DOI https://doi.org/10.1257/jel.45.4.1024.r7