ARTICLE
Bretton Woods as a Geoeconomic Regime
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Publication date: 2017-09-30
Stosunki Międzynarodowe – International Relations 2017;53(3):65-82
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ABSTRACT
The aim of the article is to analyse the Bretton Woods system (BW) as a geoeconomic
regime, i.e. a regime pursuing both economic and geopolitical objectives. I examine
the economic and political objectives of the great powers participating in the system
as well as the benefits and costs involved. My hypothesis is also that conflicting
geoeconomic interests of the great powers eventually contributed to the collapse
of this monetary regime. Its decline in Western Europe saw the emergence of
a monetary system modelled on BW and designed in line with the geoeconomic
interests of the region’s major economic powers.