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The ILO Economists and International Economic Policy in the Interwar Years

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  • Fleming, Grant
  • A. M. Endres
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    Abstract

    We survey the published work of the International Labour Organisation's (ILO) economic secretariat during the interwar years, and conclude that ILO economists were in the vanguard of a stream of economic thought which regularly questioned orthodox economics. The ILO economists presented clear policy prescriptions on all major economic questions of the day: the operation of monetary policy by central banks, the attainment of price stability and employment stabilization, responses to the early 1930s economic crisis, and the role of public works and expenditure in supplementing aggregate demand. This research was always innovative, and provided a distinctive voice in economic debate by focusing on the labour and international implications of interwar economic policies.

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    Bibliographic Info

    Paper provided by Duke University, Department of Economics in its series Working Papers with number 95-43.

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    Date of creation: 1995
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    Publication status: Published as "International Economic Policy in the Interwar Years: The Special Contribution of ILO Economists" in INTERNATIONAL LABOUR REVIEW, Vol. 135, 1996, pages 207-225
    Handle: RePEc:duk:dukeec:95-43

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    Postal: Department of Economics Duke University 213 Social Sciences Building Box 90097 Durham, NC 27708-0097
    Phone: (919) 660-1800
    Fax: (919) 684-8974
    Web page: http://econ.duke.edu/

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    Cited by:
    1. Bhattacharyya, Nikhilesh, 2012. "Monetary policy and employment in developing Asia," ILO Working Papers 468522, International Labour Organization.

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