In This Review
The Management of the World Economy

The Management of the World Economy

By Evan Luard

St. Martin's, 1983, 270 pp.

Liberalization, nondiscrimination, multilateralism and full employment, the four pillars of the postwar international trade system, are all losing ground. This thoughtful book makes a good case for the view that to restore them, and bring the world back to economic growth, there will have to be increased international management in a number of key fields. The author, a British academic with political and diplomatic experience, examines the problems of combining efficiency with justice and calls for a "distributionist" strategy that turns needs into real demand.