International Monetary Co-Operation, 1945-52

International Monetary Co-Operation, 1945-52

International Monetary Co-Operation, 1945-52

International Monetary Co-Operation, 1945-52

Excerpt

This book treats the theory and practice of international monetary co-operation, with special reference to the problems which have arisen since the last war, and the institutions which have been developed to meet them. No prior technical knowledge is expected of the reader, but an elementary knowledge of the relevant parts of economic theory will be found helpful.

A suitable introduction to the subject would be Roy Harrod International Economics or my own Wealth and Income. International Monetary Co-operation was written mainly in the first half of 1951, but amendments to the proofs have kept it up to date, and throughout the text 'now' can be taken to mean 'January 1952'. If my closing date had been a little later I would have mentioned in Chapter VII the recent United Nations' report on Measures for International Economic Stability, and in Chapter XI the latest Economic Survey of Europe (which gives a remarkably good account of the course of international payments since the devaluations of September 1949). As it is, I can only suggest that the reader should himself consult these publications.

I wish to record my great indebtedness to the officials in the I.M.F., the O.E.E.C., the E.C.E., the E.C.A., and elsewhere, who went to so much trouble to assist my researches. I must, however, stress that I alone am responsible for any errors of fact and that the conclusions I have drawn commit no one else. My thanks are also due to Messrs. W. Beckerman, J. F. Brothwell and D. S. Lees, and to my wife, all of whom read my drafts and made valuable suggestions.

BRIAN TEW.

Nottingham. February 1952.

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