POLI 354 Lecture Notes - Kennedy Round, International Trade Organization, Classical Liberalism

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World war ii and pax americana : the origins of gatt november 14th. Trade regime and how it was created and then switch to the monetary regime . Ww1 the fighting was concentrated on the front line. Ww2 : land masses asia, strategic bombing from the air, flow of people etc. World war 2 disrupted patterns once again. They looked before the regimes of the war, and trying to see what they can do. They will look intra-war period and before ww1 and right after. Then they will find out they screwed up : it was hard to switch the economy to peace time production and how to settle debts . they made economic recovery after the war and stability difficult. Recognition that post world war 1 adjustments were mishandled. And that more planning was needed : more coordination needed when having economic actions.

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