Overcoming the Past

  • Sandrine Tesner
  • Georg Kell

Abstract

The end of the Cold War, the globalization of the economy, and the announced “end of history” were all factors in the UN’s decision to renew its ties with the private sector. Although nothing precluded such collaboration from the time of the UN’s creation in 1945, the conditions required to strike that partnership did not prevail until the 1990s. Private-public partnerships are not a new concept, however. They existed in the fifteenth century in the form of associations between the rising traders of Spain, Italy, and the Netherlands, and political leaders all over Europe. Taking place at the crossroads between the economic and the political realms, the fairs of the Hanseatic League can be seen as the forerunners to such contemporary summits as the World Economic Forums annual meeting in Davos, Switzerland. But once the nation-state made its entrance on the world stage in the seventeenth century, it became the responsibility of political bureaucracies to regulate the content and format of economic relations. Governmental control over the economy remained in place until increasing exchanges and the rise of an international business class in the second half of the nineteenth century challenged the nationalist model of mercantilism. The new state of affairs had its credo, liberalism, whose laissez-faire version ruled economic discourse until 1945. The drafters of the United Nations Charter did not question the key assumptions of free trade and free capital flows, but the Great Depression imposed some compromises on nineteenth-century laissez-faire.

Keywords

Europe Income Marketing Turkey Hull 

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Notes

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Copyright information

© Sandrine Tesner 2000

Authors and Affiliations

  • Sandrine Tesner
  • Georg Kell

There are no affiliations available

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