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James Meade

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  • David Vines

Abstract

This article explains the part that Meade played in the creation of Keynes`s General Theory, describes his work with Keynes during the Second World War in the creation of the IMF and the GATT, and summarizes the ideas in The Theory of International Economic Policy for which Meade was awarded the Nobel Prize in 1977. It also sets out the role that Meade played in the construction of the inflation-targeting regime which became the centrepiece of British macroeconomic policymaking in the 1990s.

Suggested Citation

  • David Vines, 2007. "James Meade," Economics Series Working Papers 330, University of Oxford, Department of Economics.
  • Handle: RePEc:oxf:wpaper:330
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    File URL: http://www.economics.ox.ac.uk/materials/working_papers/paper330.pdf
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    Cited by:

    1. McCallum, Bennett T & Nelson, Edward, 2000. "Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices," Oxford Review of Economic Policy, Oxford University Press, vol. 16(4), pages 74-91, Winter.

    More about this item

    Keywords

    Balance of Payments; Inflation Targeting; Heckscher-Ohlin Trade Theory; International Monetary Fund; World Trade Organisation;

    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General
    • F0 - International Economics - - General

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