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First published in 1941, The Reconstruction of World Trade analyses
the collapse of the international trading model after the First
World War; the challenges presented by totalitarian methods of
bilateral trade, and the problems anticipated in the attempt to
reconstruct world trade after the end of the Second World War. The
author studies national economic policies of several countries to
argue that while economic problems are not contained with national
borders, these still are an outcome of conflicting national
economic policies. This book will be of interest to students of
history, political science and economy.
First published in 1930, New Zealand in the Making is an economic
history of the democratic experiments in New Zealand. The
geography, population, government ownership of public utilities,
compulsory arbitration, pensions and all other factors have been
covered in detail. The book will be of interest to anyone keen on
learning about New Zealand as well as to students of economy,
history, agriculture, and government.
Professor Erik Thorbecke's study, here published, continues the
empirical work undertaken by Folke Hilgerdt for the League of
Nations. It is a study of actual trade and payments derived
laboriously from the voluminous statistical data published by
national governments and international institutions. The col
lection, analysis and interpretation of this mass of data involved
much patient industry, but in the process of brooding over the
detail a truer understanding of the complex structure of world
trade was gained than could be achieved in any other way. Trade of
course is nearly always bilateral. When goods are re-exported they
are, for the most part, refashioned and changed into essentially
new utilities. What is multilateral or bilateral or regional in a
system of international trade is the method of payment. The
justification for multilateralism is the opportunity it affords for
countries to specialize, so that one country may use the foreign
exchange earned by its exports to buy imports from a third country.
Indeed this statement in terms of countries obscures the ultimate
realities. In a free multilateral system it is individuals who
import and export. When they can freely buy and sell the foreign
exchange acquired or required for their transactions, payments are
multilateral and the network of trade extends widely across
political boundaries. What Mr. Thorbecke shows is that political
controls of pay ments have confined more trade within restricted
channels.
This title is part of UC Press's Voices Revived program, which
commemorates University of California Press's mission to seek out
and cultivate the brightest minds and give them voice, reach, and
impact. Drawing on a backlist dating to 1893, Voices Revived makes
high-quality, peer-reviewed scholarship accessible once again using
print-on-demand technology. This title was originally published in
1953.
This title is part of UC Press's Voices Revived program, which
commemorates University of California Press's mission to seek out
and cultivate the brightest minds and give them voice, reach, and
impact. Drawing on a backlist dating to 1893, Voices Revived makes
high-quality, peer-reviewed scholarship accessible once again using
print-on-demand technology. This title was originally published in
1953.
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