Problems of International Financial Reconstruction

  • Lord Robbins


In this lecture of this series, I want to change my angle of approach and instead of discussing problems of pure theory or past history to consider the application of my principles to contemporary problems1. My focus is still finance. I begin from the picture of international disequilibrium depicted in the lecture on the Dollar Shortage, and I ask what can be done to restore order and progress. Needless to say, the discussion will still be on a plane of some generality. I have no specific plan to propose, no detailed suggestions for the policy of particular nations — only a series of reflections in the light of general principle on the main problems of reconstruction. My chief excuse for a treatment of this degree of superficiality is that perhaps thereby the general interconnectedness of things may be better brought out than in a series of more detailed suggestions.


Central Bank International Monetary Fund International Relation Union Credit Trade Restriction 
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© Lord Robbins 1971

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  • Lord Robbins

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