The International Adjustment Mechanism

The International Adjustment Mechanism PDF Author: L. Gomes
Publisher: Springer
ISBN: 0230375421
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
This book is about the history of thought and policy on the international adjustment mechanism. Economics emerged as a discipline in its own right largely out of the accumulated reflections, analyses and judgements of a group of writers from the sixteenth to the early nineteenth century who shared a common perspective on matters relating to the adjustment of the balance of payments. The present survey starts with the development of the doctrine at that time and continues the story up to the present debate on economic and monetary union in Europe.

The International Adjustment Mechanism

The International Adjustment Mechanism PDF Author: L. Gomes
Publisher: Springer
ISBN: 0230375421
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
This book is about the history of thought and policy on the international adjustment mechanism. Economics emerged as a discipline in its own right largely out of the accumulated reflections, analyses and judgements of a group of writers from the sixteenth to the early nineteenth century who shared a common perspective on matters relating to the adjustment of the balance of payments. The present survey starts with the development of the doctrine at that time and continues the story up to the present debate on economic and monetary union in Europe.

The International Adjustment Process

The International Adjustment Process PDF Author: D.E. Fair
Publisher: Springer Science & Business Media
ISBN: 9400908717
Category : Business & Economics
Languages : en
Pages : 389

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Book Description
The papers collected in this volume are those presented at the fourteenth Colloquium arranged by the Societe Universitaire Europeenne de Recher ches Financieres (SUERF), which took place in Helsinki in May 1988. The Society is supported by a large number of central banks and commercial banks, by other financial and business institutions and by personal subscriptions from academics and others interested in monetary and financial problems. Since its establishment in 1963 it has developed as a forum for the exchange of information, research results and ideas among academics and practitioners in these fields, including central bank officials and civil servants responsible for formulating and applying monetary and financial policies, national and international. A major activity of SUERF is to organise and conduct Colloquia on subjects of topical interest to its members. The titles, places and dates of previous Colloquia for which volumes of the collected papers were published are noted, on the last page of this volume. Volumes were not produced for Colloquia held at Tarragona, Spain in October 1970 under the title "Monetary Policy and New Developments in Banking" and at Strasbourg, France in January 1972 under the title "Aspects of European Monetary Union".

Exchange Rates in the International Adjustment Process

Exchange Rates in the International Adjustment Process PDF Author: Niels Thygesen
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 38

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Book Description


Exchange Rates, Domestic Prices, and the Adjustment Process

Exchange Rates, Domestic Prices, and the Adjustment Process PDF Author: Peter B. Kenen
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 46

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Book Description


Economic Adjustment and Exchange Rates in Developing Countries

Economic Adjustment and Exchange Rates in Developing Countries PDF Author: National Bureau of Economic Research
Publisher: Chicago : University of Chicago Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 472

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Book Description
In spite of the attention paid exchange rates in recent economic debates on developing countries, relatively few studies have systematically analyzed in detail the various ramifications of exchange rate policy in these countries. In this new volume from the National Bureau of Economic Research, leading economists use rigorous models to tackle various exchange rate issues, while also illuminating policy implications that emerge from their analyses. The volume, divided into four main sections, addresses: the role of exchange rates in stabilization programs and the adjustment process; the importance of exchange rate policy during liberalization reform in developing countries; exchange rate problems relevant and unique to developing countries, illustrated by case studies; and the problems defining, measuring, and identifying determinants of real exchange rates. Authors of individual papers examine the relation between commercial policies and exchange rates, the role of exchange rate policy in stabilization programs, the effectiveness of devaluations as a policy tool, and the interaction between exchange rate terms of trade an capital flow. This research will not only prove crucial to our understanding of the role of exchange rates in developing countries, but will clearly set the standard for future work in the field.

Real Adjustment Processes under Floating Exchange Rates

Real Adjustment Processes under Floating Exchange Rates PDF Author: Franz Gehrels
Publisher: Springer Science & Business Media
ISBN: 3642841988
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
Helmut Schneider 1. The Formulation of the Research Programme 1. In the late sixties the acceleration of US inflation revived the discussion of the fifties about the superiority of flexible exchange rates: The US balance of payments deteriorated since 1965, the dollar shortage after World War II changed to a dollar surplus. The import of US inflation by their main trading partners intensified political pressures so that at the beginning of the seventies most leading countries decided, contrary to the rules of the Bretton Woods agreement, to stop their intervention in the market for foreign exchange and to let the exchange rates be determined by market forces. It is worthwhile recalling that at that time one had only very limited experience with the regime of flexible exchange rates: The most important case, the floating of Canadian against the US dollar, could not be generalized to a world where nearly all important countries adhered to the regime of flexible exchange rates. ! - But one really had rich experience with destabilizing capital flows (or "hot money") that forced monetary authorities to adjust exchange rates in a system of managed flexibility to the expecta tions of "speculators".

Exchange Rates and International Adjustment

Exchange Rates and International Adjustment PDF Author: Paul R. Krugman
Publisher:
ISBN:
Category :
Languages : en
Pages : 108

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Book Description


International Adjustment and the Dollar

International Adjustment and the Dollar PDF Author: Francis Cassell
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 30

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Book Description


Economic Adjustment and Exchange Rates in Developing Countries

Economic Adjustment and Exchange Rates in Developing Countries PDF Author: Sebastian Edwards
Publisher: University of Chicago Press
ISBN: 0226184730
Category : Business & Economics
Languages : en
Pages : 460

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Book Description
In spite of the attention paid exchange rates in recent economic debates on developing countries, relatively few studies have systematically analyzed in detail the various ramifications of exchange rate policy in these countries. In this new volume from the National Bureau of Economic Research, leading economists use rigorous models to tackle various exchange rate issues, while also illuminating policy implications that emerge from their analyses. The volume, divided into four main sections, addresses: the role of exchange rates in stabilization programs and the adjustment process; the importance of exchange rate policy during liberalization reform in developing countries; exchange rate problems relevant and unique to developing countries, illustrated by case studies; and the problems defining, measuring, and identifying determinants of real exchange rates. Authors of individual papers examine the relation between commercial policies and exchange rates, the role of exchange rate policy in stabilization programs, the effectiveness of devaluations as a policy tool, and the interaction between exchange rate terms of trade an capital flow. This research will not only prove crucial to our understanding of the role of exchange rates in developing countries, but will clearly set the standard for future work in the field.

Exchange Rate Determination in the Process of International Adjustment Under Conditions of Full Employment

Exchange Rate Determination in the Process of International Adjustment Under Conditions of Full Employment PDF Author: Francis Joseph Deastlov
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 652

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Book Description