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With the ending of the Cold War, the search for a new international and economic order has begun. This text examines the role of key economic power brokers, particularly the USA, in the reconstruction and reconfiguration of an international economy after World War II. The author argues that the US policy efforts were so successsful that they led to an unprecendented renewal of economic growth, living standards and education levels in postwar Europe and Japan. Ironically, those same policy successes unintentionally fostered the relative decline of US dominance on the world trade scene as the reduction of trade and investment barriers prompted friction and conflict between different kinds of capitalist systems. Identifying the historical and legal issues in postwar trade policy, Ostrey attempts to chart our economic course through the last half of the 20th century and into the next.
"We should be grateful to Ostry and Nelson for giving clarity and balance to interrelated subjects too often dominated by passion and muddle." Keith Pavitt, University of Sussex Sylvia Ostry is chair of the Centre for International Studies, University of Toronto. Richard R. Nelson is professor of international and public affairs, business, and law at Columbia University. This work is part of the Integrating National Economies series. As global markets for goods, services and financial assets have become increasingly integrated, national governments no longer have as much control over economic markets. With the completion of the Uruguay Round of the GATT talks, the world economy has entered a fresh phase requiring different rules and different levels of international cooperation. Policies once thought to be entirely domestic and appropriately determined by national political institutions, are now subject to international constraints. Cogent analysis of this deeper integration of the world economy, and guidelines for government policies, are urgent priorities. This series aims to meet these needs over a range of 21 books by some of the world's leading economists, political scientists, foreign policy specialists and government officials.
The Canadian Political Science Association's 1964 Conference on Statistics was held in Charlottetown on June 13 and 14. The general theme of the Conference was Regional Statistical Studies. Twelve papers were presented and of these nine are included in this volume.
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