Sumários

Lecture 24

22 Maio 2025, 09:30 Alexandra Ferreira Lopes


6. International Monetary Systems: An Historical Overview

- Bretton Woods system of fixed exchange rates 1944–1973.
- Collapse of the Bretton Woods system.
- Advantages of the Floating Exchange Rate System

Lecture 23

21 Maio 2025, 08:00 Alexandra Ferreira Lopes


6. International Monetary Systems: An Historical Overview
- Goals of macroeconomic policies—internal and external balance
- Gold standard era 1870–1914
- International monetary system during interwar period 1918–1939
- Bretton Woods system of fixed exchange rates 1944–1973

Lecture 22

20 Maio 2025, 09:30 Alexandra Ferreira Lopes


5. Fixed Exchange Rates and Foreign Exchange Intervention

- balance of payment crisis and capital flight

- Types of fixed exchange rates: reserve currency and gold standard systems

Lecture 21

15 Maio 2025, 09:30 Alexandra Ferreira Lopes


5.Fixed Exchange Rates and Foreign Exchange Intervention
- How the central bank fixes the exchange rate
- Monetary and fiscal policies under fixed exchange rates
- Financial market crises and capital flight (introduction)

Lecture 20

13 Maio 2025, 09:30 Alexandra Ferreira Lopes


5.Fixed Exchange Rates and Foreign Exchange Intervention
- Balance sheets of central banks
- Intervention in the foreign exchange markets and the money supply