The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order (Council on Foreign Relations Books (Princeton University Press))

by Benn Steil

The ramifications of exporting a large portion of a country’s savings are too complex, and the consequences too important to permit the continuance of capital exports without making some attempt at evaluating their effects on the well being of the country at large.”