{"product_id":"the-postwar-economic-order-9780231200592","title":"The Postwar Economic Order","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eYears before he became renowned as one of the most original social scientists of the twentieth century, Albert O. Hirschman played an active role in the rebuilding of postwar Europe. This book presents a collection of his reports about economic policy, early efforts at intra-European cooperation, and the new U.S.-centered international order.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003eBetween the early Albert Hirschman who did uncredited work for Alexander Gerschenkron and the late Hirschman who was a celebrated development economist is the forgotten Hirschman who analyzed Europe for the Federal Reserve Board. Michele Alacevich and Pier Francesco Asso have done us a service by collecting Hirschman's unpublished reports on post-World War II Europe between 1947 and 1952. Hirschman appears as an already fully-formed development economist attuned to the complexities of a multisector economy but also as a sophisticated analyst of monetary factors that, interestingly, fall away in his subsequent work. A must-read not just for historians of economic thought but also for scholars of economic development. -- Barry Eichengreen, George C. Pardee \u0026amp; Helen N. Pardee Chair and Distinguished Professor of Economics and Political Science, University of California, Berkeley\u003cbr\u003eThese collected reports provide a unique vantage point on the postwar coevolution of European integration, multilateralism, and the Marshall Plan. We see that Hirschman's postwar tenure as a researcher at the Fed's Western European desk was deeply formative and intellectually fertile. In these reports we see embryos of what later became Hirschman's signature epistemic, theoretical, and normative commitments. In this way, the collection provides us with insight into the intellectual development of one of the twentieth century's most powerful and original intellects. -- Ilene J. Grabel, Distinguished University Professor, Josef Korbel School of International Studies, University of Denver\u003cbr\u003eThis important volume illuminates the unorthodox and pragmatic views on postwar Europe and a new international economic order of one of the twentieth century's most prominent social scientists. Brilliantly introduced, these little-known essays provide food for thought on Europe's way forward and the relaunch of an open international environment. -- Gianni Toniolo, LUISS School of European Political Economy, Rome\u003cbr\u003eA valuable instrument for both historians and economists, in order to better appreciate a heterodox economist and reformer. * Journal of European Economic History *\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eEditors’ Acknowledgments and a Note on the Texts\u003cbr\u003eIntroduction: Albert O. Hirschman at the Federal Reserve, 1946–1952, by Michele Alacevich and Pier Francesco Asso\u003cbr\u003e\u003cb\u003ePart I. Patterns of European Reconstruction: Macroeconomic Challenges\u003c\/b\u003e\u003cbr\u003e1. Higher Interest Rates and the Credit Shortage in France\u003cbr\u003e2. Exchange Control in Italy—I\u003cbr\u003e3. Exchange Control in Italy—II\u003cbr\u003e4. France and Italy: Patterns of Reconstruction\u003cbr\u003e5. Public Finance, Money Markets, and Inflation in France\u003cbr\u003e6. Credit Restrictions and Deflation in Italy\u003cbr\u003e\u003cb\u003ePart II. The Marshall Plan and the End of Discrimination\u003c\/b\u003e\u003cbr\u003e7. Trade Structure of the “Marshall Plan Countries”\u003cbr\u003e8. Inflation and Balance-of-Payments Deficit\u003cbr\u003e9. Dollar Shortage and Discrimination\u003cbr\u003e10. The OEEC \u003ci\u003eInterim Report on the European Recovery Program\u003c\/i\u003e—A Summary\u003cbr\u003e11. The U.S. Recession and the Dollar Position of the OEEC Countries\u003cbr\u003e12. The New Intra-European Payments Scheme\u003cbr\u003e\u003cb\u003ePart III. European Integration and the Way Back to Multilateralism\u003c\/b\u003e\u003cbr\u003e13. Proposal for a European Monetary Authority\u003cbr\u003e14. Liberalization of the ECA Dollar: Introductory Note\u003cbr\u003e15. European Payments Union—A Possible Basis for Agreement\u003cbr\u003e16. Multilateralism and European Integration\u003cbr\u003e17. The European Payments Union\u003cbr\u003e18. Size and Distribution of the Public Debt in Selected Countries\u003cbr\u003e19. The Long-Run Effect of Development and Industrialization Abroad on the United States\u003cbr\u003e\u003cb\u003ePart IV. The Economic Consequences of U.S. Hegemony\u003c\/b\u003e\u003cbr\u003e20. The Long-Run Effect of Development and Industrialization Abroad on the United States\u003cbr\u003e21. The Influence of U.S. Economic Conditions on Foreign Countries (with Robert Solomon)\u003cbr\u003eIndex","brand":"Columbia University Press","offers":[{"title":"Default Title","offer_id":49400358764887,"sku":"9780231200592","price":23.75,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780231200592.jpg?v=1730470486","url":"https:\/\/bookcurl.com\/products\/the-postwar-economic-order-9780231200592","provider":"Book Curl","version":"1.0","type":"link"}