America and the World Economy

Robert Bigg

A chapter in Alvin Hansen, 2023, pp 357-387 from Palgrave Macmillan

Abstract: Abstract Hansen’s contributions to international economic and financial problems have been relatively neglected. Yet these contributions have a long history in the development of Hansen’s thought. He was well aware of America’s changing role in the world economy, and of the impact of global changes on domestic issues and policy goals. Any study of a dynamic economy had to take account of its cultural, technological and geopolitical environment. Increasingly stabilisation had to take on an international perspective, especially in the reshaping of the global monetary system after the Second World War. He talked of developing mutual goodwill and good faith through cooperation in the new institutions which would help promote self-discipline amongst the member countries.

Keywords: Alvin Hansen; Bretton Woods; Cost-price structure; Council on foreign relations; Equilibrium; Foreign investment; Gold standard; Great Depression; International development; Stabilisation; Trade; US Dollar (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:pal:gtechp:978-3-031-42216-4_14

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DOI: 10.1007/978-3-031-42216-4_14

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