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E-raamat: International Economy

  • Formaat: PDF+DRM
  • Ilmumisaeg: 13-Jan-2000
  • Kirjastus: Cambridge University Press
  • Keel: eng
  • ISBN-13: 9780511036644
  • Formaat - PDF+DRM
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  • Formaat: PDF+DRM
  • Ilmumisaeg: 13-Jan-2000
  • Kirjastus: Cambridge University Press
  • Keel: eng
  • ISBN-13: 9780511036644

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This text is a rigorous introduction to international economics for upper-level undergraduates and above. The first half examines the causes and effects of international trade, how tariffs and other trade policies affect the gains from trade, and the ways in which governments try collectively to regulate those policies. The second half deals with monetary matters - the behavior of exchange rates, how trade and capital flows affect the functioning of monetary and fiscal policies, the causes and management of currency crises, and the new European Monetary Union (EMU). This fourth edition assesses the outcome of the Uruguay Round of trade negotiations, the work of the new World Trade Organization (WTO), and the challenges posed by regional trade blocs. It surveys recent theoretical work on currency crisis, examines recent crises in emerging-market countries and the role of the International Monetary Fund (IMF), and appraises innovations in exchange-rate arrangements, including the EMU and the use of currency boards by emerging-market countries. A problem set follows each chapter.

Arvustused

'This book fills a very real gap: a textbook of more rigor than the leading undergraduate textbooks, while at the same time written in a clear, understandable style. Better than any other textbook I know, this work provides the student with a knowledgeable basis for setting textbook analysis in the context of the messy real world of political economy. It is appropriate for good, well-trained, relatively sophisticated undergraduate economics majors and for introductory graduate-level courses.' Polly Reynolds Allen, University of Connecticut 'This is a textbook rich in policy and institutional detail, yet rigorous in its exposition of economic ideas. Students will love the real-world orientation, while their professors will appreciate the no-nonsense approach to theory. Just as the author himself, this text is unsurpassed in erudition, wisdom, and practical insights.' Dani Rodrik, Kennedy School, Harvard University

Muu info

This text is a rigorous introduction to international economics for upper-level undergraduates and above.
Preface ix
PART ONE INTRODUCTION
The Nation as an Economic Unit
3(16)
PART TWO INTERNATIONAL TRADE THEORY AND POLICY
Comparative Advantage and the Gains from Trade
19(26)
Economic Efficiency and Comparative Advantage
45(18)
Factor Endowments and Comparative Advantage
63(20)
Factor Substitution and a Modified Ricardian Model
83(20)
Factor Substitution and the Heckscher--Ohlin Model
103(23)
Imperfect Competition and International Trade
126(22)
Trade and Factor Movements
148(27)
Instruments and Uses of Trade Policy
175(33)
The Evolution of Trade Policy
208(30)
The Future of the Trading System
238(37)
PART THREE INTERNATIONAL MONETARY THEORY AND POLICY
The Balance of Payments and the Foreign-Exchange Market
275(26)
Incomes and the Current Account
301(21)
Exchange Rates and the Current Account
322(23)
Interest Rates and the Capital Account
345(21)
Expectations, Exchange Rates, and the Capital Account
366(26)
Stocks, Flows, and Monetary Equilibrium
392(24)
Asset Markets, Exchange Rates, and Economic Policy
416(28)
The Evolution of the Monetary System
444(49)
The Future of the Monetary System
493(48)
Appendix A Mathematical Notes on Trade Theory and Policy 541(12)
Appendix B Mathematical Notes on Monetary Theory and Policy 553(11)
Appendix C Outlines of Answers to Selected Problems 564(24)
List of Abbreviations 588(3)
Index 591