In this analysis, Shelton calls for a unified international monetary regime--a new Bretton Woods--to lay the foundation for worldwide stability and prosperity in the post-Cold War era. Despite worldwide rhetoric about free trade and the global economy, the leading economic powers have done little to address the most insidious form of protectionism--the inherently unstable international monetary system. In outlining steps toward a new world monetary structure, Judy Shelton elevates the needs of individual producers--who actually create wealth in the global economy--over the programs of governments.
In this analysis, Shelton calls for a unified international monetary regime--a new Bretton Woods--to lay the foundation for worldwide stability and prosperity in the post-Cold War era. Despite worldwide rhetoric about free trade and the global economy, the leading economic powers have done little to address the most insidious form of protectionism--the inherently unstable international monetary system. In outlining steps toward a new world monetary structure, Judy Shelton elevates the needs of individual producers--who actually create wealth in the global economy--over the programs of governments.
