The Role of the IMF, World Bank and Gatt in Managing Global Risks

The First World War was followed by a deep recession in the early 20’s. With the Great Depression of the 30’s in most countries the whole interwar period was shadowed by high unemployment, slow and volatile growth and deflation. ‘Ihere were many who were afraid of similar developments in the aftermath of the Second World War. Gloomy predictions never materialized. Why?

• ISSN: 0357-9603
• ISBN: 951-9281-68-1