The globalization of markets : capital flows, exchange rates and trade regimes
著者
書誌事項
The globalization of markets : capital flows, exchange rates and trade regimes
Physica-Verlag, c1997
大学図書館所蔵 全12件
注記
Includes bibliographical references
内容説明・目次
内容説明
With the integration of Europe, there are free movements in goods, services, short and long term capital, and direct investment. The German mark is the key currency in Europe and its value will affect the equilibrium bilateral exchange rates of the other currencies in the EU. It is important to examine the following issues. What determined the trends in the value of the mark? How do we evaluate whether exchange rates are misaligned? Should term capital flows be taxed? What are the effects of regional trading blocs upon trade liberalization? What are the causes of direct foreign investment by multinationals? There is a unity to this book. The authors are senior scholars who approach the subject from the theoretical, policy oriented and econometric points of view.
目次
Contents: J. Tobin: A Currency Transactions Tax. Why and How * C.A. Goodhart: Discussant to Professor J. Tobin * J.L. Stein/K. Sauernheimer: The Equilibrium Real Exchange Rate of Germany * P.B. Clark: Concepts of Equilibrium Exchange Rates * G.C. Lim: A Note on Estimating Dynamic Economic Models of the Real Exchange Rate * G. Chichilnisky: Trade Regimes and Gatt: Resource Intensive vs. Knowledge Intensive Growth * E.M. Graham: The (Not Wholly Satisfactory) State of the Theory of Foreign Direct Investment and the Multinational Enterprise.
「Nielsen BookData」 より