Building up a multilateral strategy for the United States: Alvin Hansen, Jacob Viner and the Council on Foreign Relations (1939-1945)
AbstractBetween 1943 and 1947 a new economic order was founded, which aimed at implementing multilateral trade, international monetary cooperation and economic stability supported by government intervention. This paper describes the contribution provided to this process by a group of American economists working under the auspices of the Council on Foreign Relations and in close connection with the State Department. Since 1939 the Economic and Financial Group led by Jacob Viner and Alvin H. Hansen played an important role in designing strategic choices which concerned American economic interests in the post-war world and in preparing the ground for the establishment of such multilateral agencies as the IMF, the IBRD and the ITO-GATT system. In assessing Viner’s and Hansen’s views and proposals, this paper shows how different and competing approaches to economic theory and policy compromised and converged in supporting this outcome.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Universita' degli Studi di Firenze, Dipartimento di Scienze dell'Economia e Dell'Impresa in its series Working Papers Series with number wp2007_08.
Length: 43 pages
Date of creation: 2007
Date of revision:
Jacob Viner; Alvin Hansen; Bretton Woods; Council on Foreign Relations; Post-War Planning; State Department.;
Find related papers by JEL classification:
- B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
- E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
- F59 - International Economics - - International Relations and International Political Economy - - - Other
- N12 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: 1913-
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Sebastiano Nerozzi, 2011.
"From the Great Depression to Bretton Woods: Jacob Viner and international monetary stabilization (1930-1945),"
European Journal of the History of Economic Thought,
Taylor and Francis Journals, vol. 18(1), pages 55-84.
- Sebastiano Nerozzi, 2009. "From the Great Depression to Bretton Woods: Jacob Viner and International Monetary Stabilization (1930-1945)," Working Papers Series wp2009_10.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze dell'Economia e Dell'Impresa.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Giorgio Ricchiuti).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.