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Demise of doctrine: Policy-making in the real world
Caroline Atkinson, 12 June 2018
In her talk, Caroline Atkinson discusses the development of the post-war doctrine of cooperation, the implications of shifting political and economic power, and policy-makers’ rigid response to the 2008 financial crisis.
After WW2, the world adopted a more rules-based system designed to foster cooperation and openness. Domestically, under the influence of John Maynard Keynes, economic doctrine began to play a significant role in political decisions. The Marshall Plan, IMF, and World Bank fostered global economic cooperation--with national governments ceding a degree of sovereignty to these institutions to ensure international cooperation.
In her talk, Caroline Atkinson discusses the development of the post-war doctrine of cooperation, the implications of shifting political and economic power, and policy-makers’ rigid response to the 2008 financial crisis.
After WW2, the world adopted a more rules-based system designed to foster cooperation and openness. Domestically, under the influence of John Maynard Keynes, economic doctrine began to play a significant role in political decisions. The Marshall Plan, IMF, and World Bank fostered global economic cooperation--with national governments ceding a degree of sovereignty to these institutions to ensure international cooperation.
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