Attempts to establish an international economic and financial order where a key feature of the settlement which followed the Second World War, as policy makers sought to establish a framework which would prevent an economic crisis on the scale of the great depression. This volume explores this period, focusing on monetary issues.
Part 1 provides a general analysis of the scope for international monetary co-operation dealing in particular with:
* The Provision of additional means of international settlement
* The arrangement of settlements on a multilateral basis
* The orderly fixation of exchange rates
* The correction of international disequilibria
* The provision of safeguards against the international transmission of business depressions.
Part 2 deals with the actual machinery of international co-operation since the war and in particular with * The International Monetary Fund
* The European Payments Union
* The role of sterling
Part 3 surveys the actual course of events since 1945, illustrating the problems that have called for treatment by international co-operation, the extent to which such treatment has been attempted, and with what success.