The Economics of International Transfers

ISBN-13: 9780521572149 / Angielski / Twarda / 1998 / 232 str.

Steven Brakman; Charles Van Marrewijk

Opis

Since the famous debate between Keynes and Ohlin on German reparations payments after World War I, international transfers have attracted the attention of economists. Today the subject is of even greater importance, particularly for developing countries, with billions of dollars flowing between nations. In The Economics of International Transfers Brakman and van Marrewijk survey the history of the subject and provide an up-to-date framework for the modeling of transfers. Topics covered include welfare effects, distortions, third parties, rent-seeking, the "trade or aid" discussion, multi-lateral agencies, tied aid and imperfect competition.

Spis treści

Preface; 1. General overview and stylized facts; 2. The Keynes-Ohlin controversy; 3. Welfare effects: Samuelson's theorem; 4. Generalizations of Samuelson's theory; 5. Clouds on the horizon 1: distortions; 6. Clouds on the horizon 2: third parties; 7. The economics of multilateral; 8. The consequences of tied aid; 9. Imperfect competition; 10. Dynamics, money and the balance of payments; Appendix A: mathematical appendix.