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

L-W Pauly

Princeton Studies in International Economics from International Economics Section, Departement of Economics Princeton University,

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).

Keywords: INTERNATIONAL; ORGANIZATIONS (search for similar items in EconPapers)
JEL-codes: F33 (search for similar items in EconPapers)
Date: 1996
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Persistent link: http://EconPapers.repec.org/RePEc:fth:prinfi:201

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