Economic Policy, Exchange Rates, & the International System (Paper) - Softcover

Corden

Softcover

ISBN 10: 0226115917 ISBN 13: 9780226115917

Publisher: University of Chicago Press, 1994

Synopsis

An ambitious successor to W. Max Corden's highly acclaimed Inflation, Exchange Rates, and the World Economy, this book addresses topics in international macroeconomics that have come to the forefront of economic policy debates in recent years. Covering exchange rate policy, the European Monetary System, protection and competition, and the international non-system since the collapse of Bretton Woods, Corden provides a probing analysis of significant economic trends associated with the increasing integration of the world capital market. Beginning with essays on exchange rate policy, the current account, and external effects of fiscal policy, Corden lays out the foundations of balance-of-payments theory in relation to wage rates, income distribution, and inflation. Chapters on the European Monetary System focus on monetary integration and look skeptically at European proposals to move toward monetary union. Other topical essays discuss the competitiveness problem and the relation between protection and macroeconomic policy. Corden summarizes and clarifies a vast range of work on the coordination of macroeconomic policies and critically reviews various proposals for reforming the international monetary system.

About this title

Review

`Good exposition, very technical, right level. Very good on comparative issues.'N. Sarantis, Kingston University

`It is very good at the introductory level to understand real issues.'Dr D. Barn, University of Kent

`The book is reasonably priced and well-designed. As always, Corden is very lucid.'Heikki Taimio, University of Joensuu, Finland

In Max Corden we have one of today's leading international economists. And in his latest book we surely have an essential addition to the library of any serious student of international monetary economics. (Times Higher Education Supplement)

An essential addition to the library of any serious student of international monetary economics ... a very useful text for students of both economics and international law and one which reveals the extent to which these two disciplines depend on each other ... The book provides a comprehensive coverage of the subject of trade regulation. (Times Higher Education Supplement)

About the Author

W. Max Corden is at Johns Hopkins University, Washington.

Edition details

• Publisher: University of Chicago Press
• Publication date: 1994
• Language: English
• ISBN 10: 0226115917
• ISBN 13: 9780226115917
• Binding: Paperback
• Number of pages: 336