Collective Management: The Reform of Global Economic Organizations

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Collective Management: The Reform of Global Economic Organizations

By Miriam Camps with Catherine Gwin
McGraw-Hill (for the Council on Foreign Relations/1980s Project),
371 pp. $16.95

This book argues that national and international economic decisions should take greater account of global interests, analyzes the shortcomings of existing institutions and regimes, and offers a plan for their reform. Creating a Production and Trade Organization is the most far-reaching suggestion. The proposed modifications in the IMF and the World Bank Group and the proposal to consolidate several U.N. efforts in a Basic Support Program involve less radical departures from present trends. This excellent study introduces intellectual rigor, realism, and a sense of direction into the often muddled and generally sterile debate about the future of international economic institutions.

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