The Dollar Crisis: Causes and Cure

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The Dollar Crisis: Causes and Cure

By T. Balogh
Macmillan, Blackwell, 1950
269 pp. $3.00
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An Oxford economist, stressing the shattering effects of the Second World War and the overwhelming economic position of the United States, argues against devaluation or any sudden return by Great Britain to uncontrolled multilateralism and for the necessity of long-range planning, especially in a Western European context.