Reflections on a Troubled World Economy

Reflections on a Troubled World Economy PDF Author: Fritz Machlup
Publisher: Springer
ISBN: 1349068926
Category : Business & Economics
Languages : en
Pages : 410

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Reflections on a Troubled World Economy

Reflections on a Troubled World Economy PDF Author: Fritz Machlup
Publisher: Springer
ISBN: 1349068926
Category : Business & Economics
Languages : en
Pages : 410

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Reflections on a Troubled World Economy

Reflections on a Troubled World Economy PDF Author: Herbert Giersch
Publisher: New York : St. Martin's Press
ISBN: 9780312667412
Category : Business & Economics
Languages : en
Pages : 381

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Reflections on the World Economic Crisis

Reflections on the World Economic Crisis PDF Author: Andre Gunder Frank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 184

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Guiding Global Order

Guiding Global Order PDF Author: John J. Kirton
Publisher: Routledge
ISBN: 1351792113
Category : Political Science
Languages : en
Pages : 390

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Book Description
This title was first published in 2001. John Kirton, Joseph Daniels and Andreas Freytag present an indispensable and authoritative collection of papers which examine both the professional economic merits and the underlying politics, of the hotly contested competing initiatives for strengthening the international financial system. Containing the first treatment of China’s relationship with the G7/G8 and comprehensive analysis of the new G20 forum, this volume in the G8 and Global Governance series also looks at the possibilities for the G8 system. It places the work of the G7 within a broader context of global governance and the new challenges facing the international community in the new century. A balanced selection of distinguished experts from the G7 countries and from emerging markets outside, provide an essential addition to the bookshelves of academics, government officials and business and media communities interested in keeping abreast of the ongoing and rapidly expanding work of the G7/G8 system.

Understanding Interdependence

Understanding Interdependence PDF Author: Peter B. Kenen
Publisher: Princeton University Press
ISBN: 0691231133
Category : Business & Economics
Languages : en
Pages : 566

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Book Description
Drawing together new papers by some of today's leading figures in international economics and finance, Understanding Interdependence surveys the current state of knowledge on the international monetary system and, by implication, defines the research horizon for the future. Covering topics including the behavior of exchange rates, the choice of exchange-rate regime, current-account adjustment in classical and Keynesian models, the extent and effects of capital mobility, international debt, the stabilization and reform of the formerly planned economies, European monetary union, and international policy coordination, the book underscores the importance of these subjects and identifies lessons for policymakers. The contributors to the volume are Michael Bruno, Ralph C. Bryant, Richard N. Cooper, Michael P. Dooley, Barry Eichengreen, Stanley Fischer, Charles A. E. Goodhart, Peter Hooper, Peter B. Kenen, Paul R. Krugman, Henri Lorie, Jaime Marquez, Ronald I. McKinnon, Michael Mussa, Maurice Obstfeld, John Odling-Smee, Assaf Razin, Dani Rodrik, Mark P. Taylor, and John Williamson.

Karl Brunner and Monetarism

Karl Brunner and Monetarism PDF Author: Thomas Moser
Publisher: MIT Press
ISBN: 0262046911
Category : Business & Economics
Languages : en
Pages : 505

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Book Description
Economists consider the legacy of Karl Brunner’s monetarism and its influence on current debates over monetary policy. Monetarism emerged in the 1950s and 1960s as a school of economic thought that questioned certain tenets of Keynesianism. Emphasizing the monetary nature of inflation and the responsibility of central banks for price stability, monetarism held sway in the inflation-plagued 1970s, but saw its influence begin to decline in the 1980s. Although Milton Friedman is the economist most closely associated with the development of monetarism, it was Karl Brunner (1916–1989) who introduced the term into the current vocabulary of economics and shaped its meaning. In this volume, leading economists—many of them Brunner’s friends and former colleagues—consider the influence of Brunner’s monetarism on current debates over monetary policy. Some contributors were participants in debates between Keynesians and monetarists; others analyze specific aspects of monetarism as theorized by Brunner and his close collaborator Allan Meltzer, or address its influence on US and European monetary policy. Others take the opportunity to examine Brunner-Meltzer monetarism through the lens of contemporary macroeconomics and monetary models. The book grows out of a symposium that marked the 100th anniversary of Brunner’s birth. Contributors Ernst Baltensperger, Michael D. Bordo, Pierrick Clerc, Alex Cukierman, Michel De Vroey, James Forder, Benjamin M. Friedman, Kevin D. Hoover, Thomas J. Jordan, David Laidler, Allan H. Meltzer, Thomas Moser, Edward Nelson, Juan Pablo Nicolini, Charles I. Plosser, Kenneth Rogoff, Marcel Savioz, Jürgen von Hagen, Stephen Williamson

Economic Laws and Economic History

Economic Laws and Economic History PDF Author: Charles P. Kindleberger
Publisher: Cambridge University Press
ISBN: 9780521599757
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
In this volume, Charles Kindleberger makes a powerful case against the idea that any one model could be used to unlock the basic secret of economic history. It is essentially an exercise in methodology, addressed to economists and economic historians alike. He argues that too many economists discover a relationship or a uniformity in economic behaviour, develop a model, and use it to explain more than it is capable of, including, on occasion, all economic behaviour. These lectures discuss four 'laws' in economics to show how uniformities can illuminate economic history in particular aspects. They illustrate the view that the economist or economic historian seeking to test analysis against historical data should have a variety of different models, and not just one. The implication is that however scientific and technical the tools, choosing them carefully to fit particular circumstances is itself an art.

International Coordination of Economic Policies

International Coordination of Economic Policies PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451969821
Category : Business & Economics
Languages : en
Pages : 59

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Book Description
This paper discusses the scope, methods, and effects of international coordination of economic policies. In analyzing the scope for and of coordination, the paper addresses the rationale for coordination, barriers to coordination, the range and specificivity of policies to be coordinated, and the frequency of coordination. In evaluating the methods of coordination, the emphasis is on the broad issues of rules versus discretion, single-indicator versus multi-Indicator systems, and hegemonic versus symmetric systems. Finally, using the MULTIMOD global macroeconomic model, some simulations are presented of several rule-based proposals for coordination.

Beyond Confrontation

Beyond Confrontation PDF Author: Phil Mullan
Publisher: Emerald Group Publishing
ISBN: 183982560X
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
Beyond Confrontation by Phil Mullan negotiates a third way between the rules-based global order dictated by Western globalists and the mercantilist protectionism of Western nationalists, both of which only fuel resentments between developed and emerging nations.

Economic Policy, Exchange Rates, and the International System

Economic Policy, Exchange Rates, and the International System PDF Author: Warner Max Corden
Publisher: OUP Oxford
ISBN: 0198774095
Category : Business & Economics
Languages : en
Pages : 342

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Book Description
In an outstanding account of exchange rates inthe international monetary system, W. Max Corden considers the essential issues in international macroeconomics.The author takes as his model the macroeconomic situation of a country with an open economy, and explains the effects of domestic fiscal and monetary macroeconomic policy on exchange rates. He clearly analyses the choices faced by governments attempting to manage both the domestic inflation rateand the external exchange rate and current account balance. Professor Corden then discusses the European Exchange Rate mechanism, and provides a sceptical analysis of the possibilities for monetary union in Europe, and for international policy coordination in general. He gives equal weight todiscussion of the present US-centred international monetary system outside the ERM, and combines theoretical models with an account of the actual determination of floating exchange rates. Although the book itself is orientated towards monetary rather than trade issues, the author discusses twotopical issues: the role of protectionist policies, and the idea of competitiveness. Finally, he looks at the future of the international monetary system and the series of current reform proposals.Students will find this book useful because the author covers essential issues lucidly and authoritatively. The exposition is entirely non-mathematical. Postgraduate students and academics will be interested since Corden is a distinguished writer on international trade and policy, and hisarguments are powerfully presented.New to this edition:This is a revised and expanded edition of a previous book by Corden, Inflation, Exchange Rates and the World Economy, the third edition of which was published in 1985. In this new book, Professor Corden has fully rewritten the text, but retains the discursive, informal, reader-friendly style ofthe earlier editions. In this new edition, Professor Corden has included two new chapters which extend the treatment of macroeconomic policy, separating it into its fiscal and monetary branches. He also includes a new chapter on the role of the current account balance in determining macroeconomicpolicy. The author has brought his account of the present international monetary context up to date - characterised as the non-system - and has included a new analysis of European monetary issues, incorporating a review of the progress of the EMS towards full monetary union. The book also containsa provocative discussion of two highly topical issues: trade protection, and competitiveness, including both new theoretical analysis and such events as the recent GATT agreement.