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The paper provides a methodological reading of Keynes's "The Economic Consequences of the Peace." Drawing on the close interdependence between theory and method in Keynes's economics, which he considered as a branch of logic, a correct way of reasoning about a complex economic material, we...
Persistent link: https://www.econbiz.de/10013073444
The ability of a nation to resist a crisis depends on the institutional or spatio-temporal fixes it possesses, which can buffer the effects of the crisis, switch the crisis to other nations or defer its effects to the future. Corporate governance configurations in a given country can function as...
Persistent link: https://www.econbiz.de/10013059745
The article is part of the special issue of the journal on Charles P. Kindleberger (CPK). By reviewing CPK's works the authors investigates the contributions by Kindleberger not mainly as a historian but as an economist. Kindleberger's theory of financial crises is reconstructed, drawing from...
Persistent link: https://www.econbiz.de/10013127103
Persistent link: https://www.econbiz.de/10009678273
This paper sets out to investigate the forces behind the so-called global capital flows paradoxʺ and related dollar glutʺ observed in the era of advancing financial globalization. The supposed paradox is that the developing world has increasingly come to pursue policies that result in current...
Persistent link: https://www.econbiz.de/10003727283
Persistent link: https://www.econbiz.de/10011545897
Robert Triffin became famous with his trenchant analyses of the vulnerabilities of the Bretton Woods system. These are still at the center of many discussions today. This paper argues that there is a remarkable continuity in Triffin's work. From his earliest writings, Triffin developed a vision...
Persistent link: https://www.econbiz.de/10011590451
Robert Triffin (1911-1993) played an important role in the international monetary debates in the postwar period. He was known as one of the main advocates of a multipolar international monetary system. In this paper we analyse the origins of Triffin's "regional" approach towards international...
Persistent link: https://www.econbiz.de/10011634986
This paper addresses the enduring insistence on the moral dimension of international economic relations in Keynes's economics and diplomacy. The issue has so far raised scarce attention in the literature, which tend to attribute some outstanding failures of Keynes's economic diplomacy to the...
Persistent link: https://www.econbiz.de/10013130429
In the paper, we revisit the focus and method of 'Indian Currency and Finance' (1913) and the rationale of Keynes's proposal for an international monetary system combining cheapness with stability. In particular, we centre on the management of exchange reserves and the pattern of relationships...
Persistent link: https://www.econbiz.de/10013095833