Can Britain Afford Bretton Woods?

Harris, Seymour E.
November 1944
New Republic;11/27/44, Vol. 111 Issue 22, p681
Expresses approval for the pamphlet issued by the British Political and Economic Planning (PEP) which discusses some unsettled issues in British-American economic relations, and which concludes that Great Britain can afford to welcome the policy of international cooperation proposed at Bretton Woods, New Hampshire. British dilemma of wanting international cooperation yet opposing restrictions upon full-employment policies and upon their internal monetary policies; Conflict of views between Americans and Britons on exports and governmental participation; British view that an economic collapse is inevitable after the war; Call on the British to have faith in the American government's commitment to act swiftly and do everything in its power to avert any major financial collapse.


Related Articles

  • CURRENCY STABILIZATION: AMERICAN AND BRITISH ATTITUDES. Williams, John H. // Foreign Affairs;Jan1944, Vol. 22 Issue 2, p233 

    The author discusses the issue of the stabilization of the British and American currency around the time of the second world war. Any solution acceptable to both nations will have to involve come drastic compromising of national attitudes. Whether this can be achieved by a formal plan, at one...

  • WORLD INSTITUTIONS FOR STABILITY AND EXPANSION. Hansen, Alvin H. // Foreign Affairs;Jan1944, Vol. 22 Issue 2, p248 

    The author's purpose is to describe two additional international institutions deemed necessary to achieve the goals of stability and expansion after the second world war. They are: a) and International Development and Investment Bank; and b) an International Commodity Corporation. The former...

  • Report of the Paris Conference: II. Gibbons, William J. // America;10/18/1947, Vol. 78 Issue 3, p69 

    The author examines the findings and recommendations of the conferees in Paris, France in 1947 with regard to finances, as well as the dependence of the European reconstruction program on free trade. The need for outside help is stressed if economic, financial and monetary stability is to be...

  • The British-American Difference. Soule, George // New Republic;9/24/45, Vol. 113 Issue 13, p368 

    Focuses on the trade relations between the United States and Great Britain after World War II. Need for Great Britain to find a way of paying for essential imports in order to resume economic life on a peacetime basis; British government's consideration of renouncing the system of...

  • Professor Hansen's Plan.  // Congressional Digest;Oct45, Vol. 24 Issue 10, p231 

    Discusses the "Employment Policy," an official document issued by the British Ministry of Reconstruction in 1944. Provisions of the white paper; Full employment issues used as basis for the white paper; Interpretation of the full employment concept by Harvard University economist Alvin Hansen.

  • Measuring the balance of government intervention on forward and backward family transfers using NTA estimates: the modified Lee arrows. Patxot, Concepci√≥; Renter√≠a, Elisenda; Romero, Miguel; Souto, Guadalupe // International Tax & Public Finance;Jun2012, Vol. 19 Issue 3, p442 

    In this paper we propose a way to measure the degree of government intervention on forward-from parents to children-and backward-from adult children to elderly parents-intergenerational family transfers (IFT). We carry out a discussion about the possibility of using Generational Accounts (GA)...

  • Business Environment Ranking.  // Venezuela Oil & Gas Report;Q4 2008, p29 

    The article focuses on the business environment ranking of countries in the Latin America region. A major trend in the region, made up of 10 countries, due to Bolivia's addition, was government involvement in the oil and gas industry. The region's oil sector appeal has been decreased by...

  • RETHINKING THE ROLE OF THE STATE IN A CAPITALIST ECONOMY: LESSONS OF THE LAST CRISIS. Yevdokimov, Yuri; Molchanov, Mikhail A. // Challenges of Europe: Growth & Competitiveness - Reversing Trend;2011, p883 

    Recent financial and economic crisis has raised the question about validity of capitalism. As financial markets collapsed and instances of corporate fraud proliferated, the largest market economies of the world -- the USA and the EU -- went into a deep recession. Demonstrated inability of the...

  • GOVERNMENT REGULATION AND MODERN CAPITALISM . Trebing, Harry M. // Journal of Economic Issues (Association for Evolutionary Economi;Mar69, Vol. 3 Issue 1, p87 

    Government intervention and regulation are accepted as an integral part of a modern capitalist economy. Indeed, capitalistic societies, such as the U.S., are variously described as pluralistic or mixed economies, in part because of the many different roles which government has come to play....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics