eBook - PDF

The International Economy

Name: The International Economy
ISBN: 9780511036644

Peter B. Kenen,

English
PDF
Available on iOS & Android

eBook - PDF

The International Economy

Peter B. Kenen,

About this book

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.

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Information

Publisher

Cambridge University Press

Year

2000

Print ISBN

9780521644358

eBook ISBN

9780511036644

Edition

Topic

Economics

Subtopic

International Economics

Index

Economics

610

Index

Wage-price

spiral,

328

Wages/wage

rates,

5

,

19

,

78

–

79

and

comparative

advantage,

54

–

56

,

60

–

61

,

189

and

cost-of-living

index,

327

–

328

,

497

and

economic

ef

ﬁ

ciency,

189

–

190

and

employment,

87

,

88

,

90

,

95

,

149

,

202

,

397

,

417

–

418

ﬂ

exible,

418

,

496

freeze,

463

,

500

fund,

47

labor

supply

and,

88

,

150

of

multinational

ﬁ

rms,

167

,

169

real,

56

,

71

–

72

,

79

,

86

–

92

,

95

,

99

,

106

,

110

–

111

,

150

,

153

–

155

,

160

,

327

rigid,

201

-

205

,

284

,

327

,

418

,

446

sticky,

328

,

496

tariffs

and,

56

,

201

–

205

,

284

Walras’

law,

395

–

396

,

558

–

559

Walras,

Leon,

395

–

396

Wealth,

8

and

demand

for

assets,

423

–

424

exchange

rate

and,

287

,

424

–

425

,

427

–

430

,

433

,

438

interest

rates

and,

426

,

427

–

428

open-market

purchase

and,

432

–

436

,

438

,

440

saving

and,

417

,

419

–

420

,

427

–

431

Welfare,

149

capital

formation

and,

97

–

98

,

116

–

118

,

120

,

121

–

122

,

123

customs

unions

and,

250

–

256

,

259

population

growth

and,

121

tariffs

and,

200

–

201

,

203

trade

and,

21

,

22

–

23

,

122

,

177

–

178

,

179

–

180

wage

rigidity

and,

203

See

also

Consumer

surplus,

Gains

from

trade,

Producer

surplus

Williams,

John,

260

Williamson,

John,

534

–

535

Wilson

administration,

213

World

Trade

Organization

(WTO),

6

,

239

,

241

,

247

–

248

,

259

,

269

World

Bank,

163

,

215

,

264

,

445

,

449

,

461

,

477

,

523

Cover
Frontmatter
Contents
Preface
INTRODUCTION
INTERNATIONAL TRADE THEORY AND POLICY
INTERNATIONAL MONETARY THEORY AND POLICY
Appendix A Mathematical Notes on Trade Theory and Policy
Appendix B Mathematical Notes on Monetary Theory and Policy
Appendix C Outlines of Answers to Selected Problems
List of Abbreviations
Index

About this book

Frequently asked questions

Information

Table of contents