E-Book, Englisch, 136 Seiten, Web PDF
Balogh / Balacs Fact and Fancy in International Economic Relations
1. Auflage 2014
ISBN: 978-1-4831-5363-6
Verlag: Elsevier Science & Techn.
Format: PDF
Kopierschutz: 1 - PDF Watermark
An Essay on International Monetary Reform
E-Book, Englisch, 136 Seiten, Web PDF
ISBN: 978-1-4831-5363-6
Verlag: Elsevier Science & Techn.
Format: PDF
Kopierschutz: 1 - PDF Watermark
Fact and Fancy in International Economic Relations: An Essay on International Monetary Reform is written during 1971-2 in collaboration with Peter Balacs. It is a sequel to the Theoretical Introduction to, and the Historical Analysis of, a collection of essays Unequal Partners. This essay rebuts in particular the view that full employment and stability could be reconciled by, on the one hand, a combination of monetary and fiscal policies, and, on the other, the adoption of floating (or 'crawling' or 'adjustable') exchange rates. Emphasis is placed on the importance of the given historical situation, of the pattern of anticipations, in determining the outcome of the readjustment process after some disruption.
Autoren/Hrsg.
Weitere Infos & Material
1;Front Cover;1
2;International Economic Relations: An Essay on International Monetary Reform;4
3;Copyright Page ;5
4;Table of Contents;6
5;Preface;8
6;Acknowledgement;21
7;Publisher's Note;21
8;Chapter 1. Introduction;22
9;Chapter 2. The Fancies Explored;27
9.1;1. DYNAMIC PROBLEMS AND STATIC MODELS;27
9.2;2. INTERNATIONAL ECONOMIC RELATIONS AS A PROBLEM OF OLIGOPOLY;33
9.3;3. A THEORY OF RESERVE-HOLDING;42
10;Chapter 3. The Facts Restated;47
10.1;1. OLIGOPOLY IN PRACTICE: THE RETREAT FROM BRETTON WOODS;47
10.2;2. INTERNATIONAL READJUSTMENT IN A FRAMEWORK OF OLIGOPOLY: INFLATION, BEGGAR-MY-NEIGHBOUR AND FLEXIBILITY;66
11;Chapter 4. The Elements of a Solution;83
11.1;1. RULES OF GOOD CONDUCT;86
11.2;2. FLEXIBILITY;88
11.3;3. CAPITAL MOVEMENTS;94
11.4;4. SUPPLYING LIQUIDITY;96
11.5;5. THE 'LINK';98
11.6;6. UNIT OF ACCOUNT AND INTERVENTION CURRENCY;100
11.7;7. SANCTIONS;102
11.8;8. THE STATUS OF THE NEW INTERNATIONAL INSTITUTION;103
12;Postscript to the First Printing;106
13;Notes to Chapters 1–4;108
14;Index;134
