Knowledge

Brussels International Financial Conference (1920)

Source 📝

31: 101:, and other signatories from Denmark, France and Norway. Because of the general sense of impending failure, national governments decided that delegates would not officially represent them, so that the governments would not be overly tainted if the conference came to nothing. Even so, nearly three-quarters of the delegates were government officials, the rest being central and private bankers, while the other participants including some non-financial businesspeople and academics. 428: 110: 203:
The conference specifically called for the EFO to prepare a report on how the national governments would implement their recommendations. That report was duly published in 1922 and has been viewed as an early predecessor of surveillance reports issued decades later by the
187:
With hindsight, the conference was rather successful at defining a set of general principles for postwar stabilization around shared aspirations to fiscal discipline, free trade, and sound monetary policy led by independent
339:, [Carnegie Endowment for International Peace. Division of International Law] Studies in the administration of international law and organization, Washington: Carnegie Endowment for International Peace 132:
and papers on themes such as Coal Statistics, Currency Statistics, Exchange Control, International Trade, or Public Finance. These were complemented by five papers commissioned by League Secretariat official
192:, a "standard of financial orthodoxy" on which the delegates reached a remarkably broad consensus. While the medium-term objectives were clear, the delegates also stated that the return to the 128:, was instrumental in the preparation of the conference. Preparatory technical materials included documents prepared by the staff of the League, including a reference volume on 197: 146: 196:
should only be envisaged after proper financial stabilization and structural adjustment. These principles guided, in particular, the early activity of the League's
315: 222: 46: 493: 78: 61:
The Brussels conference was convened in the context of severe economic, social, financial and sanitary dislocation immediately following
508: 17: 469: 443: 538: 69:. Its trigger was an international petition published in January 1920 and signed by prominent individuals that included 254:
Private and public initiatives in the Economic and Financial Organization of the League of Nations in the early 1920's
513: 518: 548: 336:
The economic and financial organization of the League of Nations : a survey of twenty-five years' experience
134: 528: 151: 533: 462: 352:"Central bank independence, a not so new idea in the history of economic thought: a doctrine in the 1920s" 488: 205: 543: 217: 66: 498: 351: 503: 455: 171:
and attended by 86 delegates from 39 countries. The venue for the conference proceedings was the
523: 409: 393: 90: 172: 34: 8: 316:"The Brussels Finance Conference of 1920: a lesson in the perils of focusing on the past" 297: 142: 405: 371: 161: 125: 175:, relying on a secretariat composed mainly of League staff and housed in the nearby 435: 363: 289: 94: 86: 367: 394:"The League of Nations and the Foreshadowing of the International Monetary Fund" 334: 30: 439: 176: 82: 252: 482: 375: 193: 138: 74: 189: 168: 157: 114: 98: 70: 121: 62: 137:
from some of the most recognized economists of the era, namely Sweden's
301: 277: 293: 50: 179:. Discussions were held simultaneously in French and English. 109: 427: 124:, at the time the deputy secretary-general of the fledgling 356:
The European Journal of the History of Economic Thought
275: 260:, University of Geneva Department of Economic History 167:
The conference was chaired by former Swiss President
278:"The International Financial Conference at Brussels" 200:(EFO) that was being established at the same time. 480: 117:(1845-1928) chaired the conference's proceedings 223:International Monetary and Economic Conferences 391: 250: 463: 313: 332: 246: 244: 242: 240: 238: 470: 456: 271: 269: 267: 37:in Brussels, where the conference was held 235: 108: 29: 387: 385: 349: 276:Harry Arthur Siepmann (December 1920), 264: 14: 481: 53:from September 25 to October 8, 1920. 422: 382: 494:20th-century diplomatic conferences 326: 198:Economic and Financial Organization 24: 43:International Financial Conference 25: 560: 509:Diplomatic conferences in Belgium 47:international economic conference 27:International economic conference 426: 392:Louis W. Pauly (December 1996), 398:Essays in International Finance 350:do Vale, Adriano (2021-09-03). 314:John Hawkins (5 October 2020). 343: 307: 13: 1: 368:10.1080/09672567.2021.1908393 182: 104: 56: 442:. You can help Knowledge by 7: 539:Global economic conferences 211: 206:International Monetary Fund 91:Richard Vassar Vassar-Smith 10: 565: 421: 218:Brussels Conference (1892) 147:Gijsbert Weijer Jan Bruins 67:Central and Eastern Europe 18:Brussels Conference (1920) 514:Aftermath of World War I 404:, Princeton University, 228: 130:Currencies after the War 519:World War I conferences 251:Yann Decorzant (2007), 141:, the United Kingdom's 113:Former Swiss President 549:Economic history stubs 438:-related article is a 118: 38: 529:September 1920 events 112: 33: 333:Martin Hill (1946), 282:The Economic Journal 173:Palace of the Nation 35:Palace of the Nation 534:October 1920 events 145:, the Netherlands' 489:Events in Brussels 143:Arthur Cecil Pigou 119: 39: 544:1920s in Brussels 451: 450: 162:Maffeo Pantaleoni 126:League of Nations 16:(Redirected from 556: 499:1920 conferences 472: 465: 458: 436:economic history 430: 423: 413: 412: 389: 380: 379: 347: 341: 340: 330: 324: 323: 320:The Conversation 311: 305: 304: 288:(120): 436–459, 273: 262: 261: 259: 248: 155: 95:Gerard Vissering 87:J. P. Morgan Jr. 65:, especially in 21: 564: 563: 559: 558: 557: 555: 554: 553: 504:1920 in Belgium 479: 478: 477: 476: 419: 417: 416: 390: 383: 348: 344: 331: 327: 312: 308: 294:10.2307/2222869 274: 265: 257: 249: 236: 231: 214: 185: 149: 107: 59: 28: 23: 22: 15: 12: 11: 5: 562: 552: 551: 546: 541: 536: 531: 526: 521: 516: 511: 506: 501: 496: 491: 475: 474: 467: 460: 452: 449: 448: 431: 415: 414: 381: 362:(5): 811–843. 342: 325: 306: 263: 233: 232: 230: 227: 226: 225: 220: 213: 210: 184: 181: 177:Academy Palace 160:, and Italy's 106: 103: 83:Herbert Hoover 58: 55: 26: 9: 6: 4: 3: 2: 561: 550: 547: 545: 542: 540: 537: 535: 532: 530: 527: 525: 524:Gold standard 522: 520: 517: 515: 512: 510: 507: 505: 502: 500: 497: 495: 492: 490: 487: 486: 484: 473: 468: 466: 461: 459: 454: 453: 447: 445: 441: 437: 432: 429: 425: 424: 420: 411: 407: 403: 399: 395: 388: 386: 377: 373: 369: 365: 361: 357: 353: 346: 338: 337: 329: 321: 317: 310: 303: 299: 295: 291: 287: 283: 279: 272: 270: 268: 256: 255: 247: 245: 243: 241: 239: 234: 224: 221: 219: 216: 215: 209: 207: 201: 199: 195: 194:gold standard 191: 190:central banks 180: 178: 174: 170: 165: 163: 159: 153: 148: 144: 140: 139:Gustav Cassel 136: 135:Walter Layton 131: 127: 123: 116: 111: 102: 100: 96: 92: 88: 84: 80: 76: 75:Gustav Cassel 72: 68: 64: 54: 52: 48: 44: 36: 32: 19: 444:expanding it 433: 418: 401: 397: 359: 355: 345: 335: 328: 319: 309: 285: 281: 253: 202: 186: 169:Gustave Ador 166: 158:Charles Gide 129: 120: 115:Gustave Ador 99:Paul Warburg 79:Robert Cecil 71:Gustave Ador 60: 42: 40: 156:, France's 150: [ 122:Jean Monnet 63:World War I 483:Categories 183:Assessment 105:Conference 57:Background 376:0967-2567 212:See also 51:Brussels 49:held in 410:2173443 302:2222869 45:was an 408:  374:  300:  434:This 298:JSTOR 258:(PDF) 229:Notes 154:] 440:stub 406:SSRN 372:ISSN 41:The 402:201 364:doi 290:doi 164:. 485:: 400:, 396:, 384:^ 370:. 360:28 358:. 354:. 318:. 296:, 286:30 284:, 280:, 266:^ 237:^ 208:. 152:nl 97:, 93:, 89:, 85:, 81:, 77:, 73:, 471:e 464:t 457:v 446:. 378:. 366:: 322:. 292:: 20:)

Index

Brussels Conference (1920)

Palace of the Nation
international economic conference
Brussels
World War I
Central and Eastern Europe
Gustave Ador
Gustav Cassel
Robert Cecil
Herbert Hoover
J. P. Morgan Jr.
Richard Vassar Vassar-Smith
Gerard Vissering
Paul Warburg

Gustave Ador
Jean Monnet
League of Nations
Walter Layton
Gustav Cassel
Arthur Cecil Pigou
Gijsbert Weijer Jan Bruins
nl
Charles Gide
Maffeo Pantaleoni
Gustave Ador
Palace of the Nation
Academy Palace
central banks

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.