Bretton Woods system has never been a main topic of Czech economic literature even though it strongly influenced finance of the most developed countries between 1944 and 1971 (1973). This diploma thesis is an attempt to analyze this important historical phenomena in international finance and the last metal oriented system in the history. The first chapter brings the most important terms and definitions that are necessary for better understanding of this problem. It is followed by chapters analysing international finance development in this area starting with the interwar period, followed by creation of Bretton Woods Monetary System in 1944 and first very successful and hopeful years that finally came to an end with accumulation of more problems that put a strain on the system such as for instance creation of long term dollar deficits by United States. This paper also analyzes the most important problems, finds similarities between Bretton Woods System and European Monetary System and tries to answer a question if this system or any monetary system like that can be successful on a long term basis.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:9179 |
| Date | January 2008 |
| Creators | Erlichová, Linda |
| Contributors | Kovář, Martin, Tumis, Stanislav |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
Page generated in 0.0029 seconds