ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Foreign Investment and Economic Growth

much more than his wartime proposals, guided the design of the postwar international economic order based on micro-economic liberalism and macro-economic management. According to Meade, Keynes regarded the creation of a separate international agency for commodity buffer stocks as of the utmost importance but he could not persuade the British Cabinet to accept his proposal (Churchill: "What's all this about Butter Scotch?").

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