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Mattei pushed hard for a line of detachment, of critical participation in NATO and even of getting out of NATO and into a neutralist position. Mattei… - Nico Perrone
" "Mattei pushed hard for a line of detachment, of critical participation in NATO and even of getting out of NATO and into a neutralist position. Mattei therefore not only annoyed the United States with his oil deals in the Middle East, which broke up the balance of the international oil cartel, and broke up the price equilibrium, but it was Mattei who pushed even harder for Italy's entire policy to take its distance from the United States and to open up toward the Third World countries, which were traveling in a certain way along a road similar to the painful and laborious road which Italy had had to travel. Mattei was very sensitive to these problems, because he had been a witness to this difficult road of Italy's and had had great difficulties at the beginning of his career. So he knew what it meant for a country to free itself from the colonial yoke and find its own way, its own balance, and a way of arranging its own economy which would not be an economy of pure exploitation by the great powers (p. 23).
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About Nico Perrone
Nico Perrone (born April 27, 1935) is an Italian essayist, historian and journalist.
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The intention of the US found its feature through a clear formulation in the Agreement for the IBRD. The “purposes of the Bank” were defined as follows: “To promote private foreign investment by means of guarantees or participations in loans and other investments made by private investors; and when private capital is not available on reasonable terms, to supplement private investments by providing, on suitable conditions, finance for productive purposes out of its own capital, funds raised by it and its other resources” (p. 130).
Keynes’s design was in favour of the liberalization of the economy and the capital’s transfers, for the main purpose of monetary stability. To avoid devaluation of currencies - a practice followed by governments in order to sustain their export - Lord Keynes planned to introduce “Bancor”, a money of account to be accepted by all countries in international exchanges. The international body to be organized would get interests both from debtor and creditor countries, in order to finance the balance of payments system (p. 130).
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After two years of exploratory discussions, and a conference (1st - 22nd July), the Bretton Woods agreements were initially signed by 44 states; the others followed in the course of time. A co-author of the project was the United Kingdom, under the leadership of Winston Churchill. Since the Atlantic Charter, issued by Roosevelt and Churchill (August 14, 1941), UK shared the US commitment for the postwar dominance, a multilateral payment system, and an international cooperation. The US was then the world biggest creditor country (p. 129).
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