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The Neglect of Employment in the International Economic Order

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  • KURT W. ROTHSCHILD

Abstract

The post-World War II international economic order obliged the nation-states to conduct their foreign economic policies according to binding rules. As employment continued to be a purely national responsibility of the individual countries, international obligations turned into serious constraints on the pursuit of national employment policies. International agreement should provide the possibility that countries disengage themselves from the restrictive influence of foreign obligations. In addition, international employment policies would be desirable. They should focus on a common commitment to the goal of full employment rather than on concrete policy measures. But broad international strategies, such as the assumption of locomotive functions by strong economies or massive financial support for Third World development, can—depending on various conditions—also be positive.

Suggested Citation

  • Kurt W. Rothschild, 1987. "The Neglect of Employment in the International Economic Order," The ANNALS of the American Academy of Political and Social Science, , vol. 492(1), pages 49-60, July.
    • Handle: RePEc:sae:anname:v:492:y:1987:i:1:p:49-60
    DOI: 10.1177/0002716287492001005
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    References listed on IDEAS

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    1. Graf, Gerhard, 1975. "Hypothesen zur internationalen Konjunkturtransmission," Discussion Papers, Series I 58, University of Konstanz, Department of Economics.
    2. Anonymous, 1968. "International Labor Organization," International Organization, Cambridge University Press, vol. 22(2), pages 602-607, April.
    3. Gerhard Graf, 1975. "Hypothesen zur Internationalen konjunkturtransmission," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 111(3), pages 529-563, September.
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