Bolstering the U.S. Dollar and Stabilizing World Trade and Payments, in C. Brégianni-R.Cussò (sous la direction de), Politiques économiques des Institutions Internationales

This chapter focuses on the attempts to reduce the dollar component of world money supply through the institutionalization of balance of payment deficit financing assistance programs to the non-oil least developed countries (LDCs) over the two decades of the 1960s and 1970s. The aim is to chart and explain the limited contribution of the institutions of Bretton Woods in striking the balance between transnational capital flows, dollar's stability, and international payments, and the trajectory of such initiatives over time. This investigation is conducted through the case study of the assistance programs to the non-oil Latin American LDCs.