Abstract
Since the end of the last war economists have pointed to the fact of growing interdependence among countries in the world economy; but it was only in the early 1970s that the reality of interdependence was brought home to national policy-makers. The breakdown of the Bretton Woods monetary system in 1971 and the commodity crisis of 1973–4 were the dramatic turn of events which produced the new awareness of mutual dependency.
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© 1978 Leonard Gomes
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Gomes, L. (1978). Introduction. In: International Economic Problems. Palgrave, London. https://doi.org/10.1007/978-1-349-15902-4_1
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DOI: https://doi.org/10.1007/978-1-349-15902-4_1
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-23186-9
Online ISBN: 978-1-349-15902-4
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