Political economy and international economics

Bibliographic Information

Political economy and international economics

Jagdish Bhagwati ; edited by Douglas A. Irwin

MIT Press, c1991

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Includes bibliographical references and index

Description and Table of Contents

Description

"Political Economy and International Economics" is the fifth volume of collected essays by the noted economist Jagdish Bhagwati. Following "Essays in International Economic Theory "(edited by Robert Feenstra) and "Essays in Development Economics "(edited by Gene Grossman), it reflects Bhagwati's wide range of interests and his rare ability to combine economic theory and political analysis.Many of Bhagwati's writings provide fresh insights into old problems, from the theory of commercial policy, to foreign investment and labor migration; others open up new areas such as services to analysis. Recent work on the theory of political economy, including DUP (directly unproductive profit-seeking) activities and "quid pro quo "direct investment, breaks new ground. Also included are a number of previously inaccessible lectures covering such important issues as poverty and public policy. Cutting across several fields of economics, including public finance and development, these provide masterly syntheses and overviews of broader issues.

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