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

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


Dollar Adjustment: How Far? Against What?

Dollar Adjustment: How Far? Against What? PDF Author:
Publisher: Peterson Institute
ISBN: 9780881325843
Category : Dollar, American
Languages : en
Pages : 308

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Book Description
The dollar rose about 35 percent in real terms from 1995 to the end of 2001, supporting the US economy of the late 1990s but pushing the current account deficit to a record high. This book looks at the impact of this, examining intervention to achieve desired currency values and the impact of a major dollar realignment on worldwide economies.

The International Role of the Dollar and Trade Balance Adjustment

The International Role of the Dollar and Trade Balance Adjustment PDF Author: Linda S. Goldberg
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 52

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Book Description
The pattern of international trade adjustment is affected by the continuing international role of the dollar and related evidence on exchange rate pass-through into prices. This paper argues that a depreciation of the dollar would have asymmetric effects on flows between the United States and its trading partners. With low exchange rate pass-through to U.S. import prices and high exchange rate pass-through to the local prices of countries consuming U.S. exports, the effect of dollar depreciation on real trade flows is dominated by an adjustment in U.S. export quantities, which increase as U.S. goods become cheaper in the rest of the world. Real U.S. imports are affected less because U.S. prices are more insulated from exchange rate movements -- pass-through is low and dollar invoicing is high. In relation to prices, the effects on the U.S. terms of trade are limited: U.S. exporters earn the same amount of dollars for each unit shipped abroad, and U.S. consumers do not encounter more expensive imports. Movements in dollar exchange rates also affect the international trade transactions of countries invoicing some of their trade in dollars, even when these countries are not transacting directly with the United States.

Dilemmas of the Dollar

Dilemmas of the Dollar PDF Author: C. Fred Bergsten
Publisher: M.E. Sharpe
ISBN: 9780873326001
Category : Business & Economics
Languages : en
Pages : 620

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Book Description
An examination of the role of the dollar in the global financial system which presents a long-term historical perspective on the international monetary system in this century. The main focus is on the evaluation of the global financial system in the post-war period.

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.

International Adjustment and the Dollar

International Adjustment and the Dollar PDF Author: William H. Branson
Publisher:
ISBN:
Category :
Languages : en
Pages : 62

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Book Description


Dilemmas of the Dollar

Dilemmas of the Dollar PDF Author: C. Fred Bergsten
Publisher: Routledge
ISBN: 1315491087
Category : Business & Economics
Languages : en
Pages : 614

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Book Description
An examination of the role of the dollar in the global financial system which presents a long-term historical perspective on the international monetary system in this century. The main focus is on the evaluation of the global financial system in the post-war period.

The International Role of the Dollar and Trade Balance Adjustment

The International Role of the Dollar and Trade Balance Adjustment PDF Author: Linda S. Goldberg
Publisher:
ISBN:
Category :
Languages : en
Pages : 30

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Book Description
The pattern of international trade adjustment is affected by the continuing international role of the dollar and related evidence on exchange rate pass-through into prices. This paper argues that a depreciation of the dollar would have asymmetric effects on flows between the United States and its trading partners. With low exchange rate pass-through to U.S. import prices and high exchange rate pass-through to the local prices of countries consuming U.S. exports, the effect of dollar depreciation on real trade flows is dominated by an adjustment in U.S. export quantities, which increase as U.S. goods become cheaper in the rest of the world. Real U.S. imports are affected less because U.S. prices are more insulated from exchange rate movements -- pass-through is low and dollar invoicing is high. In relation to prices, the effects on the U.S. terms of trade are limited: U.S. exporters earn the same amount of dollars for each unit shipped abroad, and U.S. consumers do not encounter more expensive imports. Movements in dollar exchange rates also affect the international trade transactions of countries invoicing some of their trade in dollars, even when these countries are not transacting directly with the United States.

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".

The Monetary Approach to International Adjustment

The Monetary Approach to International Adjustment PDF Author: Bluford Putman
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 408

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Book Description
It's Hell on heels--again! When Shar tries on a Tiffany's diamond ring from Hades, the annoyingly hot Lord of the Underworld, it activates an obscure contractual clause that puts Shar and former-frenemy-turned-friend Meg in Hades' service once more. Shar is whisked away to prepare a ball, while Meg is sent to help a spoiled rich girl. Just when it appears the girls will be doomed to serve Hades for eternity, two gorgeous demigods show up. But can the girls finally ditch Hades forever?