Economic policy, exchange rates, and the international system

著者

書誌事項

Economic policy, exchange rates, and the international system

W. Max Corden

University of Chicago Press, 1994

  • : pbk

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注記

Includes bibliographical references and indexes

Rev. ed. of: Inflation, exchange rates, and the world economy. 3rd ed.1985

内容説明・目次

巻冊次

ISBN 9780226115900

内容説明

An ambitious successor to W. Max Corden's highly acclaimed "Inflation, ""Exchange Rates, and the World Economy," this book addresses topics ininternational macroeconomics that have come to the forefront of economicpolicy debates in recent years. Covering exchange rate policy, theEuropean Monetary System, protection and competition, and theinternational "non-system" since the collapse of Bretton Woods, Cordenprovides a probing analysis of significant economic trends associatedwith the increasing integration of the world capital market. Beginning with essays on exchange rate policy, the current account, andexternal effects of fiscal policy, Corden lays out the foundations ofbalance-of-payments theory in relation to wage rates, incomedistribution, and inflation. Chapters on the European Monetary Systemfocus on monetary integration and look skeptically at European proposalsto move toward monetary union. Other topical essays discuss the"competitiveness" problem and the relation between protection andmacroeconomic policy. Corden summarizes and clarifies a vast range of work on the coordinationof macroeconomic policies and critically reviews various proposals forreforming the international monetary system.
巻冊次

: pbk ISBN 9780226115917

内容説明

An ambitious successor to W. Max Corden's highly acclaimed Inflation, Exchange Rates, and the World Economy, this book addresses topics in international macroeconomics that have come to the forefront of economic policy debates in recent years. Covering exchange rate policy, the European Monetary System, protection and competition, and the international non-system since the collapse of Bretton Woods, Corden provides a probing analysis of significant economic trends associated with the increasing integration of the world capital market. Beginning with essays on exchange rate policy, the current account, and external effects of fiscal policy, Corden lays out the foundations of balance-of-payments theory in relation to wage rates, income distribution, and inflation. Chapters on the European Monetary System focus on monetary integration and look skeptically at European proposals to move toward monetary union. Other topical essays discuss the competitiveness problem and the relation between protection and macroeconomic policy. Corden summarizes and clarifies a vast range of work on the coordination of macroeconomic policies and critically reviews various proposals for reforming the international monetary system.

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