Balance of Payments: Theory and Economic Policy

ISBN-13: 9780202308937 / Angielski / Miękka / 2007 / 454 str.

Robert M. Stern

Opis

An original and systematic synthesis of the major post war developments in theory and policy of balance-of-payments adjustment, this book focuses on the present-day system of pegged-but-adjustable exchange rates and the problems that policy authorities must face if they are to attain full employment, price stability, balance-of-payments equilibrium, and a satisfactory rate of economic growth

Spis treści

1: Balance-of-Payments Concepts and Measurement; 2: The Foreign Exchange Market; 3: Balance-of-Payments Adjustment Under Freely Fluctuating Exchange Rates; 4: Balance-of-Payments Adjustment Under the Gold Standard; 5: Balance-of-Payments Adjustment Under Pegged Exchange Rates; 6: The Income Approach to Balance-of-Payments Adjustment; 7: The Price and Income Approaches to Balance-of-Payments Adjustment; 8: International Long-Term Capital Movements; 9: Restrictions on Tirade and Payments for Balance-of-Payments Adjustment; 10: Monetary and Fiscal Policies for Internal and External Balance; 11: Economie Growth and the Balance of Payments; 12: Problems of the International Monetary System

O autorze

Robert Stern