05791cam a2200541 i 4500 22479187 BJBSDDR 20260327105033.0 a|||||r|||| 00| 0 ta 220325s2023 nyua rb 001 0 eng 2022010627 9780231200592 (trade paperback) 9780231553698 (ebook) 22479187 DLC eng rda DLC DLC eng pcc n-us--- e------ HF 1456.5 H669p 2023 337.7304 Hirschman, Albert O. (Albert Otto), 1915-2012 25497 The postwar economic order : national reconstruction and international cooperation / Albert O. Hirschman ; edited by Michele Alacevich and Pier Francesco Asso. New York : Columbia University Press, 2023. viii, 342 pages : illustrations ; 22 cm text txt rdacontent unmediated n rdamedia volume nc rdacarrier Includes bibliographical references and index. Intro Table of Contents Editors' Acknowledgments and a Note on the Texts Introduction: Albert O. Hirschman at the Federal Reserve, 1946-1952, by Michele Alacevich and Pier Francesco Asso Part I. Patterns of European Reconstruction: Macroeconomic Challenges 1. Higher Interest Rates and the Credit Shortage in France 2. Exchange Control in Italy-I 3. Exchange Control in Italy-II 4. France and Italy: Patterns of Reconstruction 5. Public Finance, Money Markets, and Inflation in France 6. Credit Restrictions and Deflation in Italy Part II. The Marshall Plan and the End of Discrimination 7. Trade Structure of the "Marshall Plan Countries" 8. Inflation and Balance-of-Payments Deficit 9. Dollar Shortage and Discrimination 10. The OEEC Interim Report on the European Recovery Program-A Summary 11. The U.S. Recession and the Dollar Position of the OEEC Countries 12. The New Intra-European Payments Scheme Part III. European Integration and the Way Back to Multilateralism 13. Proposal for a European Monetary Authority 14. Liberalization of the ECA Dollar: Introductory Note 15. European Payments Union-A Possible Basis for Agreement 16. Multilateralism and European Integration 17. The European Payments Union 18. Size and Distribution of the Public Debt in Selected Countries 19. The Long-Run Effect of Development and Industrialization Abroad on the United States Part IV. The Economic Consequences of U.S. Hegemony 20. The Long-Run Effect of Development and Industrialization Abroad on the United States 21. The Influence of U.S. Economic Conditions on Foreign Countries (with Robert Solomon) Index "Between 1946 and 1952, Albert O. Hirschman, a German-born economist and wartime refugee, worked as an economic analyst in the Research Division of the Federal Reserve Board of the United States. He was first in charge of the Western European desk; later he was the Fed's representative to the Economic Cooperation Administration, the organization responsible for the Marshall Plan. In that capacity, Hirschman wrote a number of internal reports about early reconstruction policies in Europe, the first efforts at intra-European cooperation, and the uncertainties that surrounded the shaping of a new international economic order with the United States at its core. Europe, the Marshall Plan, and the Post-War International Order is a collection of these interrelated pieces compiled into book form. In aggregate they provide the reader with a behind the scenes view of the American rationale for an economically rebuilt and integrated Europe, written by someone who would go on to become one the the twentieth century's most significant economic thinkers. This collection offers a first-hand analysis of crucial developments in post-war European history and US-European relations. The essays featured here offer a nuanced and sophisticated analysis of major post-war problems such as the global "dollar shortage." Hirschman's skill and style are brought to the uncertainties of economic policymaking in the post-war years in a compelling manner, highlighting the often counterintuitive and paradoxical sequences of specific economic and political processes. Further, Hirschman's writings provide an advanced view of what would become signature concepts in his later work, including "inverted sequences," inducement mechanisms," and "staged sequences of policymaking." Europe, the Marshall Plan, and the Post-War International Order is a valuable addition to our understanding of the post-war international economic order and to Hirschman's critical thinking on processes of economic development, policymaking, and reform"-- Provided by publisher. Marshall Plan. Plan Marshall 47742 Economic history. Historia económica 27 Política internacional 263 Estados Unidos United States Foreign economic relations Europe. Europe Foreign economic relations United States. Estados Unidos Relaciones económicas exteriores Europa 1775 Europa Relaciones económicas exteriores Estados Unidos 22734 Alacevich, Michele editor 46534 Asso, Pier Francesco, 1958- editor 46535 Online version: Hirschman, Albert O. Postwar economic order New York : Columbia University Press, [2023] 9780231553698 (DLC) 2022010628 7 cbc orignew 1 ecip 20 y-gencatlg lcc BK llh 126170 126170 0 0 lcc 0 0 CS BJB BJB CS 2025-12-18 0 HF 1456.5 H669p 2023 00000198159 2025-12-18 19:51:00 1 2025-12-18 BK