Swiss Derivatives Review: Bretton Woods Transcripts

Jacques de Larosière and Steve H. Hanke’s preface to The Bretton Woods Transcripts was recently published in the Swiss Derivatives Review.

The authors attribute the success of the Bretton Woods Conference to a set of ideas that attracted a consensus; a group of prepared and capable participants; and a leader, namely the United States, who was prepared to lead.

Mr. de Larosière was Managing Director of the International Monetary Fund from 1978 to 1987.  He was also formerly Undersecretary of Monetary Affairs in the French Treasury (1974–1978), Governor of the Banque de France (1987–1993), and President of the European Bank for Reconstruction and Development (1993–1998).  He is currently Chairman of Eurofi.

Steve H. Hanke is a Professor of Applied Economics at The Johns Hopkins University in Baltimore and a Special Counselor at the Center for Financial Stability in New York.

The Bretton Woods Transcripts, edited by CFS Senior Fellow Kurt Schuler and CFS Research Associate Andrew Rosenberg, offer a front row seat at the conference that has shaped the international monetary system for nearly 70 years.

The de Larosière and Hanke preface in the Swiss Derivatives Review.