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Economic Aspects of North-South Interaction

Economic Aspects of North-South Interaction PDF Author: Syed Mansoob Murshed
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
Economic Aspects of North-South Interaction analyses the macroeconomic aspects of north-south interaction. The events of the past two decades underscore the ever-growing macroeconomic interdependence between nations and blocs of nations. North-South interactions take place in a highly asymmetric manner. The North wields the greater economic and bargaining power and may ignore the South in the formulation of its own macroeconomic policies, which are governed by Northern (and ultra-Northern) considerations. These policies have spillover effects for the South and profoundly affect Southern income, terms of trade and future growth prospects. * Uses macroecnomic models to analyze North-South interaction * Includes coverage of topical issues, including debt crisis, environment, and protectionism * Presents comparisons with eastern European problems