This chapter and its successor deal with the institutions which serve policies for adjustment of the balance of payments; with the systems through which they function, and with the economic pathology of those systems. This is a large subject matter and, in order not to lose our way, it is necessary to map out our line of advance.
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- 11.See Brian Tew, ‘Sterling as an International Currency’, Economic Record (June 1948).Google Scholar
- 12.A. G. Ford, The Gold Standard, 1880–1914: Britain and Argentina ( Oxford: Oxford University Press, 1962 ), p. 28.Google Scholar
- 15.See Ragnar Nurkse, International Currency Experience (League of Nations, 1944), p. 7.Google Scholar
- 17.The reader who wishes to examine this period should consult Nurkse, International Currency Experience; W. A. Lewis, Economic Survey, 1919–1939 (London: Allen & Unwin, 1949); and Yeager, International Monetary Relations pp. 266–332.Google Scholar
- 18.See R. F. Mikesell, United States Private and Government Investment Abroad (Oregon University, 1962), p. 26. Quoted in Shannon, International Liquidity p. 23.Google Scholar
- 19.W. A. Brown Jr, The International Gold Standard Reinterpreted, 1914–34, 2 vols ( New York: National Bureau of Economic Research, 1940 ), p. 823.Google Scholar