Download A Handbook of International Economic Institutions by M. A. G. van Meerhaeghe (auth.) PDF

By M. A. G. van Meerhaeghe (auth.)

What made me write this ebook used to be a sense that scholars of overseas economics had to fin out their wisdom of the speculation with paintings at the perform of the key overseas financial agencies, a lot of that are having a starting to be impression at the nationwide economies in their contributors. there has been no unmarried quantity given over to a concise remedy of those agencies. of the foreign organisations themselves might be con­ the yearly studies sulted, after all, yet regularly those usually are not famous for being short and to the purpose (the goods of significance need to be fished out of a sea of dead detail), nor do they move in for feedback in their personal actions. In deciding upon the organisations to be handled within the publication i used to be guided via the impact they exert. i've got disregarded these whose actions consist customarily within the drafting options to which, besides the fact that meritorious they're, very little awareness is paid. a few of them are incorporated within the advent, which supplies a precis of a couple of associations no longer mentioned individually within the physique of the paintings. There are, even if, exceptions: the association for fiscal Cooperation and improvement (OECD) because the association exchanging the association for eu financial Cooperation (OEEC), and the United countries convention on exchange and improvement (UNCTAD) whose conferences have succeeded in drawing a lot awareness of the press.

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Owing to balance-of-payments difficulties Guyana and Jamaica imposed restrictions on imports from other members at the beginning of 1977. Although attempts of the Eastern Caribbean countries (Antigua, Dominica, Grenada, Montserrat, St Kitts-Nevis with Anguilla, St Lucia, St Vincent) at closer cooperation and even at political unity date back to 1962, it was only on 11 July 1968 that the Agreement establishing the East Caribbean Common Market was signed. In 1972 agreement was reached on the common external tariff.

Morgenthau, and thus came to be known as the White plan. It was based on the establislunent of a fund of at least 5 000 million dollars to which the member states would transfer a part of their exchange reserves; this fund would serve to grant credit, within certain limits, to the signatories (in the Keynes plan there was no capital, but creation of book money instead). Unlike Keynes, White further opted for an international currency unit with a fIxed gold parity, the unitas. The two plans revealed a fundamental difference of approach: In Britain's view, the Fund should act as an automatic body whose management should display a minimum of discretion; the United States, however, considered that the Fund's objective could be realized in the most effective way by conducting its operations with a certain degree of discretion.

See also U. Kirdar, The structure of United Nations economic aid to underdeveloped countries (The Hague, Martinus Nijhoff, 1966). R. Sharp, The United Nations Economic and Social Council (New York, Columbia University Press, 1969). G. Nicholas, The United Nations as a political institution (London, Oxford University Press, 1971) and E. Luard, International agencies, the emerging framework of interdependence (London, Macmillan, 1977). A critical study of cooperation is provided by A United Nations structure for global economic co-operation (New York, UN, 1975).

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