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Macroeconomic Performance in the Bretton Woods Era and After.

Abstract:

During the Bretton Woods era, OECD countries grew at historically unprecedented rates. This Golden Age has many possible explanations, ranging from the return to liberal policies in international trade to a backlog of profitable growth opportunities after the neglect of the 1930s and wartime damage. Eichengreen (1996) has argued that the proximate cause of the rapid growth was high investment, and that this high investment was made possible by certain institutions that were particularly well ...

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Journal:
Oxford Review of Economic Policy More from this journal
Volume:
18
Publication date:
2002-01-01
ISSN:
0266-903X
Language:
English
UUID:
uuid:22aca776-909f-4d39-b0a3-842e85df8311
Local pid:
oai:economics.ouls.ox.ac.uk:11278
Deposit date:
2011-08-16

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