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Framing world monetary system reform: Fritz Machlup and the Bellagio Group conferences

Author

Listed:
  • Carol M. Connell

    (City University of New York)

Abstract

This paper explores the influence of Fritz Machlup and the Bellagio Group on world monetary reform. After an examination of the literature, the paper addresses research into Machlup�s framing of the problem of world monetary reform, his method, his selection of economists to join the Bellagio Group, his close working relationship with the treasury and central bank officials who were the deputies of the Group of Ten, and his creation of a broad platform of joint conferences, papers and books to promote their work. Taking an historico-biographical approach, this paper draws on the archives and published works of Fritz Machlup, Robert Triffin and their contemporaries.

Suggested Citation

  • Carol M. Connell, 2011. "Framing world monetary system reform: Fritz Machlup and the Bellagio Group conferences," PSL Quarterly Review, Economia civile, vol. 64(257), pages 143-166.
    • Handle: RePEc:psl:pslqrr:2011:23
    as

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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9416/9311
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    References listed on IDEAS

    as
    1. Barry Eichengreen & Harold James, 2003. "Monetary and Financial Reform in Two Eras of Globalization," NBER Chapters, in: Globalization in Historical Perspective, pages 515-548, National Bureau of Economic Research, Inc.
    2. Roger E. Backhouse & Roger Middleton (ed.), 2000. "Exemplary Economists, I," Books, Edward Elgar Publishing, number 1645.
    3. Michael D. Bordo & Alan M. Taylor & Jeffrey G. Williamson, 2003. "Globalization in Historical Perspective," NBER Books, National Bureau of Economic Research, Inc, number bord03-1, March.
    4. Michael D. Bordo & Alan M. Taylor & Jeffrey G. Williamson, 2003. "Introduction to "Globalization in Historical Perspective"," NBER Chapters, in: Globalization in Historical Perspective, pages 1-10, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    world monetary system; Fritz Machlup; Bellagio Group;
    All these keywords.

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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