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Is the international financial architecture debate over? Not according to leading experts gathered together in this impressive volume who try to identify the key trends that will fashion the international financial system in the years ahead. As history has shown, the evolution of the...
Persistent link: https://www.econbiz.de/10011850656
The prime focus of the book is on Malaysia's radical policy decision to pursue an independent recovery path, cut off from world markets by a system of capital control, as a viable alternative to the conventional market centred approach. The analysis suggests that, against the initial dire...
Persistent link: https://www.econbiz.de/10011851549
Recommended readings (Machine generated): Herbert G. Grubel (1968), 'Internationally Diversified Portfolios: Welfare … Etienne Losq (1989), 'Capital Flow Controls, International Asset Pricing, and Investors' Welfare: A Multi-Country Framework …' -- Sebastian Edwards and Jonathan D. Ostry (1992), 'Terms of Trade Disturbances, Real Exchange Rates, and Welfare: The Role of …
Persistent link: https://www.econbiz.de/10011852202
developing countries. It also poses a puzzle for standard economic theory, which would predict that poorer countries be importers …
Persistent link: https://www.econbiz.de/10014474001
. Exchange rate regimes in theory and practice -- 5. Is foreign exchange intervention effective? : the japanese experiences in …
Persistent link: https://www.econbiz.de/10011850618
. In James Tobin's view, the welfare of populations depends uniquely on these policies and it is important to be aware of …
Persistent link: https://www.econbiz.de/10011851797
Globalization is widely regarded as a means not only of ensuring efficiency and growth, but also of achieving equity and development for those countries operating in the global economy. The book argues that this perception of globalization as the road to development has lost its lustre. The...
Persistent link: https://www.econbiz.de/10011851670
Since the late 1980s, almost all Latin American countries have undergone a series of far-reaching economic reforms, particularly in the areas of financial and capital account liberalization and trade. This book provides a comparative and analytical framework for assessing the impact of these...
Persistent link: https://www.econbiz.de/10011852091
1. Introduction and summary -- 2. The theory of preferential trading arrangements : an overview -- 3. Measuring the …
Persistent link: https://www.econbiz.de/10012420102
: 283-313 -- Bhagwati, Jagdish N. (1971), 'The Generalized Theory of Distortions and Welfare', pp. 69-90 in Trade, Balance … the World Trade Organization, it is worthwhile to reflect on the WTO's contributions to global welfare since its inception … and global economic welfare impacts of GATT/WTO-induced multilateral trade liberalizations. It also touches on the effects …
Persistent link: https://www.econbiz.de/10011852227