Abstract
The object of this study is to consider international monetary policy since the Second World War. In particular we shall be concerned with the clashes and interactions of the external economic policies of countries, the experiments in international monetary co-operation which have been a feature of the period and the way in which events and policies have been influenced by changes in economic knowledge and ideas.
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Notes
For example the International Telecommunications Union founded in 1865 or the Universal Postal Union in 1874. For a historical account of the growth of international organisations see C. H. Alexandrowicz, International Economic Organisations (London: Stevens, 1952).
Devaluation does not in itself provide a clear alternative to domestic deflation since if it is to succeed in improving the balance of payments devaluation must be accompanied by a reduction in the general rate of absorption in the devaluing country. See H. G. Johnson ‘Towards a General Theory of the Balance of Payments’, in International Trade and Economic Growth (London: Allen & Unwin, 1961) pp. 153–68.
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© 1975 W. M. Scammell
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Scammell, W.M. (1975). Introduction. In: International Monetary Policy. Palgrave, London. https://doi.org/10.1007/978-1-349-86171-2_1
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DOI: https://doi.org/10.1007/978-1-349-86171-2_1
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-18295-6
Online ISBN: 978-1-349-86171-2
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