Attempts to establish an international economic and financial order
where a key feature of the settlement which followed the Second
World War, as policy makers sought to establish a framework which
would prevent an economic crisis on the scale of the great
depression. This volume explores this period, focusing on monetary
issues. Part 1 provides a general analysis of the scope for
international monetary co-operation dealing in particular with: *
The Provision of additional means of international settlement * The
arrangement of settlements on a multilateral basis * The orderly
fixation of exchange rates * The correction of international
disequilibria * The provision of safeguards against the
international transmission of business depressions. Part 2 deals
with the actual machinery of international co-operation since the
war and in particular with * The International Monetary Fund * The
European Payments Union * The role of sterling Part 3 surveys the
actual course of events since 1945, illustrating the problems that
have called for treatment by international co-operation, the extent
to which such treatment has been attempted, and with what success.
General
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