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The League of Nations and the Foreshadowing of the International Monetary Fund

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  • Pauly, L-W

Abstract

The very phrase "League of Nations" is a metaphor for international organizational failure. In the wake of the war it was designed to prevent, the League became the example to be avoided in building new multilateral institutions. Perhaps it is not suprising, then, that our textbooks on international relations andinternational economics leavy the impression that the multilateral organizations established after the World War II represented entirely new departures in history. This essay aims to refute that impression by examining important and commonly forgotten links between the League and the International Monetary Fund (IMF).

Suggested Citation

  • Pauly, L-W, 1996. "The League of Nations and the Foreshadowing of the International Monetary Fund," Princeton Studies in International Economics 201, International Economics Section, Departement of Economics Princeton University,.
    • Handle: RePEc:fth:prinfi:201
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    Cited by:

    1. Kathryn Lavelle, 2007. "Exit, voice, and loyalty in international organizations: US involvement in the League of Nations," The Review of International Organizations, Springer, vol. 2(4), pages 371-393, December.

    More about this item

    Keywords

    INTERNATIONAL ORGANIZATIONS;

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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