Abstract

BRENTA, Noemí. Similarities in John H. Williams’ and Raúl Prebisch’s Thought about the International Monetary Order in the Postwar. Am. Lat. Hist. Econ [online]. 2017, vol.24, n.2, pp.235-258. ISSN 2007-3496.  https://doi.org/10.18232/alhe.v24i2.718.

This work explores the similarities in Williams’ and Prebisch’s thoughts about the international monetary system, and analyzes the conceptual link between the strategic interests of the United States and those of the peripheral countries, through the interpretation of the balance of payments accounts based on the theory of interdependence centre-periphery, in the dawn of Bretton Woods institutions. Prebisch maintained a relationship of work and friendship with Williams, a Harvard professor and vice president of the Federal Reserve Bank of New York when the international monetary plans were discussed, and promoted the industrialisation of peripheral countries according to the new world economic order, under the hegemony of the United States, and based on the foreign capital, putting in practice the theoretical tools here analyzed.

Key words: co-operatives; credit; legal framework; Argentina.

Keywords : international monetary system; International Monetary Fund; economic dependence.