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Synopsis

"Exchange Rate Chaos" provides a much needed financial history of the US and UK in the postwar period. The author describes and compares developments in the financial markets and institutions of the two countries since the collapse of the Bretton Woods system in 1971. This book is one of the first to look at financial developments in this period and to put them in their social and political context. As such, it is a valuable guide for all those who are interested in the financial and economic history of the late twentieth century.

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