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Multilateralism and fulLemployment

delete2026-01-01
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PRE
AI
K
Kalecki, Michal *
DOI:10.20430/ete.v931369.3352delete
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Abstract

Abstract

En 中文
The article argues that a stable multilateral trading system requires all countries to maintain full employment, or that countries without full employment receive suf-ficient long-term loans to elevate the employment and imports levels. It proposes as well that full employment, achieved through policies such as deficit internal spending, is a necessary condition for a smooth-running multilateralism.
Keywords:
International trade
multilateralism
long-term loans
full employment

Journal

T
TRIMESTRE ECONOMICO
IF:
0
Papers:
32
Citations:
0

Organization

No organization information available