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- W2015619698 abstract "The has frequently been a matter of major national or international concern. Discussion of it has ranged from the effects of English absentee landlordism in Ireland on the Irish residents and the Irish economy, through the effects of postwar reparations payments from vanquished to victor-most notably, though not exclusively, the debate over German reparations after the first World War-the effects of foreign investment for economic development on the sending and receiving country, the effects of the Marshall Plan for European Economic Recovery, and the effects of development assistance to the developing nations. Most recently, the multifold increase in the world price of oil by the Oil Producing and Exporting Countries in 1973-74 has generated a whole series of transfer problems. Apart from its practical international political and economic manifestations, the transfer problem is the standard problem in the pure theory of international trade and the balance of payments [7]. Unfortunately, however, the development of theory has removed many of the realistic features of the practical problem, most notably the reality of a money and not a barter economy, and the problem of how large a transfer is economically possible. The classic controversy about the transfer problem, in contemporary trade theory, was that between Keynes and Ohlin [11, 12] over whether Germany could pay the reparations proposed to be exacted from her after the first world war. That controversy was concerned with reparations to be specified in terms of money, but the argument was conducted along the lines of the classical tradition, in which the" @default.
- W2015619698 created "2016-06-24" @default.
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- W2015619698 date "1977-05-01" @default.
- W2015619698 modified "2023-09-27" @default.
- W2015619698 title "The Welfare Economics of Monetary Transfers and Reversed Transfers" @default.
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- W2015619698 doi "https://doi.org/10.2307/1991977" @default.
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