International Organizations and the Analysis of Economic Policy, 1919-1950 Book

	List of Figures and Tables
	List of Abbreviations
	Preface
1	Economics and Policy in International Organizations: Introduction	1
	Prologue: A Perspective on the Literature	1
	Economics and Policy in International Organizations: Historiographical Issues	4
	The Ideational Context of Research in International Organizations from 1919	9
2	Business Cycles: Conceptions, Causes, and Implications	17
	Intellectual Setting in the 1920s	17
	The ILO-League Research Program on Crises and Cycles to 1931	18
	Reflections on the International Business Cycle: Further Analytical Work in the 1930s	30
	Toward a Keynesian Reorientation for Business-Cycle Analysis and Policy in the 1940s	42
3	The Role and Conduct of Monetary Policy in the 1920s and 1930s	58
	Doctrinal Support for International Economic Conferences in the Early 1920s	58
	A Distinctive ILO Perspective on the Appropriate Monetary Policy Framework	61
	The ILO Monetary Policy Rules	66
	Postscript: The ILO Contribution to Monetary Policy Analysis in the 1920s	69
	International Monetary Organization and Policy: Ideas Emerging at the LON and BIS in the 1930s	71
	The ILO's Departure from Monetary Policy Orthodoxy in the 1930s	75
4	Public Investment Programs in the Interwar Period: Pre-Keynesian, Proto-Keynesian, and Keynesian Perspectives	81
	A Pre-Keynesian Public Works Strategy for the 1920s	82
	Challenges to Pre-Keynesian Doctrine on Public Works	87
	The 1932 ILO Resolution Regarding Public Works: Toward Global Economic Reconstruction	94
5	Trade Policy Research: Geneva Doctrine and the Scandinavian Connection	105
	The World Economic Conference and Ohlin's League of Nations Report	106
	Disturbances to International Equilibrium: League Assessments in the 1930s	112
	Folke Hilgerdt's Pioneering Calculations and Revisions in Geneva Trade Policy Doctrine	119
	Freer Trade, International Agreements, and Macroeconomic Management	125
	Geneva Trade Policy Research: Capsule Summary	130
6	Social Economics at the ILO: Scope, Content, and Significance	133
	International Experience and Debate on Social Insurance up to the 1930s: The ILO Perspective	136
	Unemployment Insurance: A Case Study	138
	Wages and Wages Policy: Microeconomic Issues	143
	Changing the Links between Social and Economic Policy and the New Social Security Vision	160
7	International Finance and Exchange Rate Policy	167
	Introducing Nurkse's Pivotal Work on Currencies and Inflation	167
	Adjustment Problems in the Crisis Phase without International Rules	169
	Exchange Market Disturbances and the Rationale for an Exchange Rate Rule	177
	The Postwar International Monetary System: Stabilization Rules for Three Main Dimensions of Economic Policy	182
	Toward International Coordination of Macroeconomic Policies	191
8	The Full Employment Movement from the 1940s	198
	Employment Policy in Wartime and the Transition to Peace	199
	The Rise of Development Economics in International Organizations: The Rich-Country-Poor-Country Debate	208
	Dimensions of the Full Employment Obligation	213
	Contemporary Evaluation of the ILO and UN Full Employment Reports	227
	Concluding Reflections on the Full Employment Literature	234
9	Conclusion: Epilogue: Investigating Economics and Policy Analysis in International Organizations	237
	Characterizing Policy Analysis Produced for International Organizations	239
	On the Distinctiveness of Economic Thought in International Organizations	244
	Reflecting on Principal Intellectual (and Other) Influences	248
	Normative Agendas for International Political Economy 1919-1950	252
	International Economic Integration as a Dominant Theme to 1950	254
	References	259
	Index	283