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Montevideo, February 6th 2023 - 07:10 UTC

Tag: Bretton Woods system

  • Monday, August 16th 2021 - 19:48 UTC

    How a secret meeting in August 1971 transformed the global economy

    Behind Closed Doors, Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy, HarperCollins, New York, NY, 2021, 448 pp., $23.99

    By Atish Rex Ghosh (*) - History is a confluence of underlying forces and specific triggering events. Think of the start of World War I: economic, imperial, and nationalistic tensions that had simmered for years exploded into open conflict when Archduke Franz Ferdinand’s motorcade took a wrong turn, putting him in the path of an assassin’s bullet.