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THE POUND AND THE DOLLAR

Third Programme
on Third Programme

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by Roy Harrod
Nuffield Reader
In International Economics In the University of Oxford
Mr. Harrod believes that Sir Donald MacDougall has been too defeatist about the long-run dollar shortage in his recent book The World Dollar Problem. The speaker hopes that devaluation will not be necessary in the next twenty years, but, if it is, it should be planned in a scientific manner.

Source: Radio Times

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