Political science’s Kathryn C. Lavelle writes book chapter on history of financial architecture released in edited volume
In November, Kathryn C. Lavelle, PhD, the Ellen and Dixon Long Professor in World Affairs, published a book chapter on the history of financial architecture released in an edited volume of International Economic and Monetary Architecture at the Crossroads: Bretton Woods at 80.
The chapter, titled “Paths not taken with the American payments imbalance,” explores various avenues that the Bretton Woods system could have taken in managing the world's economic system after World War II.
Lavelle's contribution also considers different possibilities in resolving the American imbalance in the 1960s that led to the present-day relationships among the International Monetary Fund (IMF), Bank for International Settlements (BIS), Group of 10 and other public and private arrangements.
