Half a Century of Economic and Social Development Policies of the UN and Bretton Woods Institutions (The Iqbal Memorial Lecture) (Report‪)‬

PART I: HISTORICAL PERSPECTIVES It is customary to date the origin of the Bretton Woods system back to 1942 when Keynes, and his associates in London, prepared the three famous memoranda on the International Clearing Union, on Commodity Buffer Stocks and Plans for Relief and Reconstruction. To these three memoranda we may add the Beveridge Report which appeared in the same year, 1942. Keynes had taken a great interest in the Beveridge Report and this model of a national social welfare state was readily capable of international extension and application.