G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16610
DP16610 Lessons of Keynes’s Economic Consequences in a Turbulent Century
Patricia Clavin; Giancarlo Corsetti; Maurice Obstfeld; Adam Tooze
发表日期2021-10-05
出版年2021
语种英语
摘要Just over a century old, John Maynard Keynes’s The Economic Consequences of the Peace (1919) remains a seminal document of the twentieth century. At the time, the book was a prescient analysis of political events to come. In the decades that followed, this still controversial text became an essential ingredient in the unfolding of history. In this essay, we review the arc of experience since 1919 from the perspective of Keynes’s influence and his changing understanding of economics, politics, and geopolitics. We identify how he, his ideas, and this text became key reference points during times of turbulence as actors sought to manage a range of shocks. Near the end of his life, Keynes would play a central role in planning the world economy’s reconstruction after World War II. We argue that the “global order” that evolved since then, marked by increasingly polarized societies, leaves the community of nations ill prepared to provide key global public goods or to counter critical collective threats.
主题Economic History ; International Macroeconomics and Finance
关键词Keynes World war i Versailles Interwar period League of nations World war ii Bretton woods Cold war Multilateralism Global order
URLhttps://cepr.org/publications/dp16610-1
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545558
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Patricia Clavin,Giancarlo Corsetti,Maurice Obstfeld,等. DP16610 Lessons of Keynes’s Economic Consequences in a Turbulent Century. 2021.
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