Cover -- Half title -- Title Page -- Copyright Page -- Contents -- Preface -- PART ONE: A LOOK AT THIRTY-THREE YEARS OF INTERNATIONAL MONETARY COOPERATION -- I: The Bretton Woods Charter -- II: The Period before 1958 -- The First Years of the Bretton Woods Institutions -- The Reawakening of European Monetary Cooperation -- Life and Death of the European Payments Union -- III: From 1958 to 1971 -- Efforts to Establish Monetary Cooperation between North America and Western Europe (1958-65) -- The Decline of Cooperation among the Eleven (1965-71) -- IV: Since 1971 -- A Glance at the Period as a Whole -- The Vicissitudes of the Dollar -- The Divergent Behavior of the European Currencies -- The Reform of the International Monetary System -- A Regime Based Increasingly on the Dollar -- Evolving Methods of Cooperation -- PART TWO: LESSONS FROM THE EXPERIENCE - TRUE AND FALSE -- V: Myths and Oversimplifications -- General Condemnation of the Bretton Woods Regime -- The Alleged Responsibility of Gold -- The Sins of the "Extreme Creditors"--Good and Bad Use of the Gold Exchange Standard -- The Rigidity of Parities under the Bretton Woods Regime -- VI: The Quarrel over Floating Exchange Rates -- VII: Methods of International Monetary Cooperation -- VIII: International Liquidity -- Dollar Reserves -- Gold -- Special Drawing Rights -- The Eurocurrency Market -- IX: The Ambiguities of the American Position -- Final Remarks