Introduction

Abstract

THIS book is concerned with two central aspects of twentieth-century economic life: firstly, economic relations between the various countries of the world — the international economy; and secondly, the role of the state within the domestic economies of these nations. On the one hand it will be primarily concerned with the institutions that have emerged in the international economy to promote it and to improve its operation; and on the other with the role that the state has adopted in guiding, influencing and controlling economic affairs within the domestic economy. These are distinct and yet at times very closely related themes.