History of the IMF Organization, Policy, and Market

This book describes the history of the IMF from its birth, through the Bretton Woods era, and in the aftermath. Special attention is paid to integrating IMF history with the macro-economic policies of member countries and of other international institutio

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Kazuhiko Yago Yoshio Asai Masanao Itoh Editors

History of the IMF

Organization, Policy, and Market

Studies in Economic History Series editor Tetsuji Okazaki, The University of Tokyo, Tokyo, Japan Editorial Board Members Loren Brandt, University of Toronto, Canada Myung Soo Cha, Yeungnam University, Korea Nicholas Crafts, University of Warwick, UK Claude Diebolt, University of Strasbourg, France Barry Eichengreen, University of California at Berkeley, USA Stanley Engerman, University of Rochester, USA Price Fishback, University of Arizona, USA Avner Greif, Stanford University, USA Tirthanker Roy, London School of Economics and Political Science, UK Osamu Saito, Hitotsubashi University, Japan Jochen Streb, University of Mannheim, Germany Nikolaus Wolf, Humboldt University, Germany

Aim and Scopes This series from Springer provides a platform for works in economic history that truly integrate economics and history. Books on a wide range of related topics are welcomed and encouraged, including those in macro-economic history, financial history, labor history, industrial history, agricultural history, the history of institutions and organizations, spatial economic history, law and economic history, political economic history, historical demography, and environmental history. Economic history studies have greatly developed over the past several decades through application of economics and econometrics. Particularly in recent years, a variety of new economic theories and sophisticated econometric techniques— including game theory, spatial economics, and generalized method of moment (GMM)—have been introduced for the great benefit of economic historians and the research community. At the same time, a good economic history study should contribute more than just an application of economics and econometrics to past data. It raises novel research questions, proposes a new view of history, and/or provides rich documentation. This series is intended to integrate data analysis, close examination of archival works, and application of theoretical frameworks to offer new insights and even provide opportunities to rethink theories. The purview of this new Springer series is truly global, encompassing all nations and areas of the world as well as all eras from ancient times to the present. The editorial board, who are internationally renowned leaders among economic historians, carefully evaluate and judge each manuscript, referring to reports from expert reviewers. The series publishes contributions by university professors and others well established in the academic community, as well as work deemed to be of equivalent merit.

More information about this series at http://www.springer.com/series/13279

Kazuhiko Yago • Yoshio Asai • Masanao Itoh Editors

History of the IMF Organization, Policy, and Market

Editors Kazuhiko Yago School of Commerce Waseda University Shinjuku-ku, Tokyo, Japan

Yoshio Asai Faculty of Economics Seijo University Setagaya-ku, Tokyo, Japan

Masanao Itoh School of Social Information Studies Otsuma Women’