International trade, investment, macro policies, and history : essays in memory of Carlos F. Diaz-Alejandro

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書誌事項

International trade, investment, macro policies, and history : essays in memory of Carlos F. Diaz-Alejandro

edited by P. Bardhan, A. Fishlow, J. Behrman

North-Holland , Sole distributors for the U.S.A. and Canada, Elsevier Science, 1987

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注記

Published also as v. 27 of the Journal of development economics

Includes bibliographies and index

内容説明・目次

内容説明

This volume, a tribute by a group of distinguished economists to the scholarly achievements of Carlos Diaz-Alejandro, examines five areas to which he made important contributions. These economists have been close associates whose own research has been much influenced by his capacity to stimulate and innovate in a variety of subjects. Section 1, on International Trade, reflects his concern with the limits of orthodox analysis, and the need to consider an imperfect world. Section 2 treats an area in which he made early and important contributions, Foreign Investment. The papers provide simple models that have strong policy implications. The contributors to the third section agree on the gravity of the Debt Crisis, and the inability of even strong policy performance by the debtor countries to avert it. Section 4 deals with stabilization and macro-economic policies in the Latin American context. The papers are unified by the need for non-orthodox policies to cope with non-orthodox situations, a conclusion that Carlos regularly reached. The last section, on Economic History, contains a range of papers that give testimony to the breadth of Carlos' interests in this field.

目次

Carlos F. Diaz-Alejandro: An Appreciation (C. Kindleberger). International Trade and Balance of Payments. Trade Patterns in Developing Countries, 1964-82 (F.D. McCarthy, L. Taylor, C. Talati). The Narrow Moving Band, The Dutch Disease, and The Competitive Consequences of Mrs. Thatcher: Notes on Trade in the Presence of Dynamic Scale Economies (P. Krugman). Credit Markets and Patterns of International Trade (K. Kletzer, P. Bardhan). Collapsing Exchange Rate Regimes (R. Dornbusch). Balance of Payments: A Disequilibrium Analysis for Semi-Industrialized Economies (P. Arida, E. Bacha). Currency Inconvertibility, Trade Taxes and Smuggling (J. de Macedo). Foreign Investment. Quid Pro Quo Foreign Investment and Welfare (J. Bhagwati et al.). Racial Discrimination, Dualistic Labor Markets and Foreign Investment (R. Findlay, M. Lundahl). Labor Market Distortions, The Structure of Protection and Direct Foreign Investment (E. Buffie). The Debt Crisis. Origins of the Developing Countries' Debt Crises: 1970-1982 (A. Krueger). Latin American Debt and Adjustment (G. Ranis). Latin American Development after the Debt Crisis (A. Foxley). Stabilization and Macroeconomic Policies. Deficits, Debt and Destabilization: The Perversity of High Interest Rates (S.A. Morley, A. Fishlow). On the Costs of Temporary Policy (G. Calvo). Financial Crises and Balance of Payments Crises: A Simple Model of the Southern Cone Experience (A. Velasco). The Macroeconomic Effect of Import Controls: A Keynesian Analysis (J.A. Ocampo). Heterodox Theory and Policy: The Plan Austral in Argentina (R. Frenkel). Economic History. Financial Deregulation and Economic Performance: An Attempt to Relate European Financial History to Current LDC Issues (C. Kindleberger). Trends and Cycles in the Peruvian Economy (R. Thorp). Inflation and Monetary Stabilization in Mexico during the Revolution (E. Cardenas, C. Manns). Investments in Schooling in Two Generations in Pre-Revolutionary Nicaragua: The Roles of Family Background and School Supply (J.R. Behrman, B.L. Wolfe).

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