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A. P. Thirlwall Trade, the Balance of Payments and Excha (Paperback) (UK IMPORT)

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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
Book Title
Trade, the Balance of Payments and Exchange Rate Policy in Develo
Publication Name
Trade,The Balance of Payments and Exchange Rate Policy in Developing Countries
Title
Trade, the Balance of Payments and Exchange Rate Policy in Develo
Author
A. P. Thirlwall
Format
Trade Paperback
ISBN-10
1843768488
EAN
9781843768487
ISBN
9781843768487
Publisher
Elgar Publishing, Incorporated, Edward
Genre
Business & Finance
Release Year
2004
Release Date
26/05/2004
Language
English
Country/Region of Manufacture
GB
Item Height
0.6in
Item Length
8.4in
Publication Year
2004
Type
Textbook
Item Width
5.6in
Item Weight
8.8 Oz
Number of Pages
192 Pages

About this product

Product Information

This book is a synthesis of the author's ideas and research concerning the monetary consequences of trade flows, and the relevance of conventional balance of payments adjustment theory. These ideas are considered mainly in the context of developing countries, many of which suffer from deep structural difficulties and severe foreign exchange shortages. Mainstream economic theory regards the balance of payments to be self-adjusting, meaning that the impact of the balance of payments on the growth and development process is neither considered nor analysed. In contrast, the author emphasises the importance of integrating monetary considerations into trade theory and argues that the balance of payments consequences of trade policy need to be carefully addressed. This approach has a number of implications for important issues such as the sequencing of trade liberalisation; the role of the exchange rate in equilibrating the balance of payments; the case for protection; and the way in which the importance of export growth is articulated. Some of the ideas expressed have a long and distinguished ancestry, but they are not part of the mainstream orthodoxy and need airing in a world increasingly divided into rich and poor countries. The author also considers the case for a new international economic order which would better serve the needs of developing countries, particularly by stabilising primary product prices and controlling speculative capital flows. Trade and development economists, and policymakers concerned with economic growth and development, will appreciate the original and illuminating research in this book.

Product Identifiers

Publisher
Elgar Publishing, Incorporated, Edward
ISBN-10
1843768488
ISBN-13
9781843768487
eBay Product ID (ePID)
30789528

Product Key Features

Author
A. P. Thirlwall
Publication Name
Trade,The Balance of Payments and Exchange Rate Policy in Developing Countries
Format
Trade Paperback
Language
English
Publication Year
2004
Type
Textbook
Number of Pages
192 Pages

Dimensions

Item Length
8.4in
Item Height
0.6in
Item Width
5.6in
Item Weight
8.8 Oz

Additional Product Features

Lc Classification Number
Hg3882
Reviews
'This book is interesting and important beyond its modest size. . . it provides a useful overview of, and context for, Thirlwall's important contributions to the macroeconomics of economic growth and the role that the balance of payments plays in this process. . . Thirlwall's core lessons will leave the reader with a solid foundation for understanding the entrenched macroeconomic problems of our emerging world order.'
Table of Content
Contents: Preface Introduction 1. Trade and Growth 2. Trade and the Balance of Payments 3. Exchange Rate Systems and Policy 4. What is Wrong with Balance of Payments Adjustment Theory? 5. A New International Economic Order Bibliography Index
Copyright Date
2004
Topic
Foreign Exchange, International / Economics, Development / Economic Development
Dewey Decimal
382.1/7/091724
Intended Audience
Scholarly & Professional
Dewey Edition
22
Illustrated
Yes
Genre
Business & Economics

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