1978 | OriginalPaper | Buchkapitel
Introduction
verfasst von : Leonard Gomes
Erschienen in: International Economic Problems
Verlag: Macmillan Education UK
Enthalten in: Professional Book Archive
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Since the end of the last war economists have pointed to the fact of growing interdependence among countries in the world economy; but it was only in the early 1970s that the reality of interdependence was brought home to national policy-makers. The breakdown of the Bretton Woods monetary system in 1971 and the commodity crisis of 1973–4 were the dramatic turn of events which produced the new awareness of mutual dependency.