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Commentary

In: Bretton Woods Revisited

Author

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  • Gerald K. Helleiner

Abstract

Most essential in any discussion of the issues raised by Mr Prebisch is the need, first, to distinguish between short-term possibilities and longer-term objectives — where we want to be in 1980 or 1990. The questions to which Mr Prebisch has addressed himself are, I think, second-best short-term possibilities. I had hoped that he would find time to say a bit more about matters relating to direct aid transfer which remains the first-best policy and the longer-term objective in the development area.

Suggested Citation

  • Gerald K. Helleiner, 1972. "Commentary," Palgrave Macmillan Books, in: A. L. Keith Acheson & John F. Chant & Martin F. J. Prachowny (ed.), Bretton Woods Revisited, pages 112-117, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-01521-4_11
    DOI: 10.1007/978-1-349-01521-4_11
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