Las ideas de Keynes para un orden económico mundial
ISSN: 1576-0162
Year of publication: 2007
Issue: 16
Pages: 195-223
Type: Article
More publications in: Revista de economía mundial
Abstract
The present paper deals with the ideas proposed by Keynes in 19, in his report to the Conference of Bretton Woods, about how the worldwide economic order should be structured. Against Keynes¿ ideas, the author notices that the economic order after the Second World War was determined by North American interests and by their intention to make the dollar become the ruling world power, to which the expectations of progress and development of the rest of the countries would be subordinated. Due to these facts, the situation of the underdeveloped countries has worsen, with its scourges of hunger and misery that affect two thirds of humanity. This situation constitutes, today, the major economic problem of the world. The author supports the thesis that, if they had applied Keynes¿ proposals, the worsening of the underdeveloped countries, as we know it today, could have been avoided or, at least, its development would have taken another direction enabling them to find solutions to their own needs. Even today, Keynes¿ proposal is still valid and could be a guideline to implement a new worldwide economic order, able to face the problems of underdevelopment. However, the difficulties that in the present moment impede the application of Keynes¿ reformist proposal are both of political and economic nature. For these reasons, the author arrives to the conclusion that the way to apply Keynes¿s ideas requires worldwide constitutional changes that would enable to correct the main economic problems of the current world.