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Economic Policy, Exchange Rates, and the International System

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ISBN-10: 0226115917

ISBN-13: 9780226115917

Edition: N/A

Authors: W. Max Corden

List price: $34.00
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Description:

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 …    
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Book details

List price: $34.00
Publisher: University of Chicago Press
Publication date: 3/15/1995
Binding: Paperback
Pages: 331
Size: 5.50" wide x 8.50" long x 0.75" tall
Weight: 0.990
Language: English

W. Max Corden is Emeritus Professor of International Economics at the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University and Professional Fellow in the Department of Economics at the University of Melbourne, Australia.

List of Figures List of Tables
Abbreviations
Introduction
A Model of Balance-of-Payments Policy
Income Distribution, Wage Rigidity, and Balance-of-Payments Policy
Fiscal Policy, Monetary Policy, and Capital Mobility
Inflation and Exchange Rate Policy
Does the Current Account Matter?
The European Monetary System
Monetary Integration
Maastricht and the Transition to Monetary Union
The International Macro-System
The International Transmission of Disturbances
What Determines Exchange Rates in a Floating Rate Regime?
Macroeconomic Policy Coordination
Macroeconomic Policy and Protection
What Is the Competitiveness Problem?
The Exchange Rate Regime: Choices and Plans
Bibliography
Index of Names
Index of Subjects