In This Review

The World Dollar Problem
The World Dollar Problem
By Donald Macdougall
St. Martin's Press, 1957, 622 pp

The author, a Fellow of Nuffield College, Oxford, addresses himself to the question whether the so-called dollar problem was a temporary consequence of the war or whether it is likely to persist in the future as a troublesome feature of the international economy of the non-Communist world. On the whole he is somewhat pessimistic and anticipates recurrent deficits.