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The challenge of making international monetary history interesting and accessible for a general audience is a daunting one. To meet that challenge without losing the attention of specialists is the rarest of accomplishments. This book achieves such a standard.
In commemoration of its founding at the 1944 Bretton Woods Conference, the International Monetary Fund (IMF) invited James to prepare a study of international monetary cooperation in the contemporary period. Given the fact that his work commenced in March 1992, it is remarkable that he was able to complete this impressive volume in time to coincide with the anniversary of the first meeting of the governors of the IMF and the World Bank, which took place in Savannah, Georgia, in March 1946.
James conducted an extensive series of interviews with participants and …