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.
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