| ID | 148473 |
| Title Proper | culture of investment-led international development |
| Other Title Information | the Chatham House circle (1939–45) and lessons for today |
| Language | ENG |
| Author | FARESE, GIOVANNI |
| Summary / Abstract (Note) | In 1939–45 an economic group for the discussion of postwar economic order was established at Chatham House, gathering a transnational community of economists and scholars at 10 St James Square in London. Papers were written and seminars were held before—and following—the conference held in Bretton Woods in 1944. Polish-born economist Paul Rosenstein-Rodan (1902–1985) coordinated the group, which invoked investment-led growth and new international institutions for development. Chatham House played a role in making sense of, and disseminating, this new culture of international development. To be clear, this ‘new’ culture was not entirely new, and had its roots in the interwar years, including colonial development policy. Nor was Chatham House the only hub of this culture. This article aims at filling a gap in our understanding of the role of economic research done at Chatham House during the Second World War. In addition, by looking to the past, it may also help at broadening our views on how to globally reignite growth today. Policy-makers seem to have learnt some of the monetary lessons of the 1930s, but not the development ones of the 1940s. This article is based on sources from the Chatham House archive and brings to special attention articles published in International Affairs. |
| `In' analytical Note | International Affairs Vol. 92, No.6; Nov 2016: p.1481–1498 |
| Journal Source | International Affairs Vol: 92 No 6 |
| Key Words | Culture of Investment ; Led International Development ; Chatham House Circle ; 1939–45 |