Week 6 Discussion: background of current financial system
Read: Eichengreen, Chapters 2-4
Reed: Additional Readings #5 (Anne Field. 2020. “The main causes of the Great Depression, and how the road to recovery transformed the US economy,” Business Insider, April 21: 1-11. https://www.businessinsider.com/what-caused-the-great-depression ), and #7 (Jacob Goldstein. 2011. “Why We Left The Gold Standard,” NPR, April 11: 1-4. https://www.npr.org/sections/money/2011/04/27/135604828/why-we-left-the-gold-standard )
View: Video and Links in this week’s Learning Module
1. https://www.npr.org/sections/money/2011/04/27/135604828/why-we-left-the-gold-standard
2. https://www.businessinsider.com/what-caused-the-great-depression
3. https://www.youtube.com/watch?v=W-Q9AOp2FW8
Answer the following question below:
Based on what you have learned about the background of the international financial regime, what do you believe are the most important problems facing the key international financial and trade organizations? How would IR scholars assess these issues? How have these issues changed over time?
Be sure to use this week’s textbook chapters and additional assigned readings, as well as the module videos, and cite authors. Make your posts as early as possible.
As alwaycgos, post a 800-1000 word response