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Author: Rajat Acharyya Publisher: Oxford University Press ISBN: 0192688537 Category : Business & Economics Languages : en Pages : 862
Book Description
Complementing trade theories with relevant trade empirics, this book covers three aspects of the study of International Economics: pure theory of trade, trade policy, and theory of Balance of Payments (BoP) and exchange rate. In the first part, it discusses the basic principles of international trade between dissimilar countries as well as between similar countries, and implications thereof in terms of welfare, income distribution, and growth. The approach taken here is distinctly different from that in most of the existing textbooks on international economics. Instead of model-specific discussions of the basic issues, it discusses the basic principles governing trade, gains from trade, and characteristics of international equilibrium in the context of a general trading environment of open economies. Subsequently, specific models of trade are introduced as alternative theoretical explanations for the basic principles of trade. In the second part, a wide range of policy issues are analysed including unilateral trade restrictions and promotions; reciprocatory trade policy choices through regionalism; product standards that regulate trade between developed and developing countries; and implications of capital inflow, FDI, fragmentation, and global value chains. In the third part, the book discusses different currency and exchange rate regimes and their implications for a country's balance of payments and foreign exchange reserves. Drawing upon the basic theories, it studies expenditure-reducing and expenditure-switching policies to correct for BoP imbalances under a pegged exchange rate regime. Finally, some reflections on the choice of exchange rate regime and optimum currency area wind up discussions of monetary issues in international economics.
Author: Rajat Acharyya Publisher: Oxford University Press ISBN: 0192688537 Category : Business & Economics Languages : en Pages : 862
Book Description
Complementing trade theories with relevant trade empirics, this book covers three aspects of the study of International Economics: pure theory of trade, trade policy, and theory of Balance of Payments (BoP) and exchange rate. In the first part, it discusses the basic principles of international trade between dissimilar countries as well as between similar countries, and implications thereof in terms of welfare, income distribution, and growth. The approach taken here is distinctly different from that in most of the existing textbooks on international economics. Instead of model-specific discussions of the basic issues, it discusses the basic principles governing trade, gains from trade, and characteristics of international equilibrium in the context of a general trading environment of open economies. Subsequently, specific models of trade are introduced as alternative theoretical explanations for the basic principles of trade. In the second part, a wide range of policy issues are analysed including unilateral trade restrictions and promotions; reciprocatory trade policy choices through regionalism; product standards that regulate trade between developed and developing countries; and implications of capital inflow, FDI, fragmentation, and global value chains. In the third part, the book discusses different currency and exchange rate regimes and their implications for a country's balance of payments and foreign exchange reserves. Drawing upon the basic theories, it studies expenditure-reducing and expenditure-switching policies to correct for BoP imbalances under a pegged exchange rate regime. Finally, some reflections on the choice of exchange rate regime and optimum currency area wind up discussions of monetary issues in international economics.
Author: Charalambos D. Aliprantis Publisher: Springer Science & Business Media ISBN: 9783540009115 Category : Business & Economics Languages : en Pages : 756
Book Description
A collection of papers dealing with a broad range of topics in mathematical economics, game theory and economic dynamics. The contributions present both theoretical and applied research. The volume is dedicated to Mordecai Kurz. The papers were presented in a special symposium co-hosted by the Stanford University Department of Economics and by the Stanford Institute of Economic Policy Research in August 2002.
Author: Karl Polanyi Publisher: Beacon Press ISBN: 080705643X Category : Business & Economics Languages : en Pages : 411
Book Description
In this classic work of economic history and social theory, Karl Polanyi analyzes the economic and social changes brought about by the "great transformation" of the Industrial Revolution. His analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism. New introductory material reveals the renewed importance of Polanyi's seminal analysis in an era of globalization and free trade.
Author: Larry S Karp Publisher: World Scientific ISBN: 9811249881 Category : Business & Economics Languages : en Pages : 303
Book Description
Lecture Notes in International Trade Theory covers classical international trade models (including the Ricardian, Ricardo Viner, and Heckscher-Ohlin-Samuelson models). The course is designed for M.Sc. and first year PhD students. It relies on both graphical and analytic methods, requiring only intermediate microeconomics and a solid grounding in calculus. The material emphasizes 'second-best' settings, where markets are imperfect. The goal is to equip students with a good enough understanding of open-economy general equilibrium relations that they understand how distortions ripple across different markets, e.g. commodity and factor markets. The Author applies these ideas to environmental and natural resource problems, including pollution 'leakage' (where pollution reductions in one country are offset by trading partners' increased pollution) and imperfect property rights. Other applications include the general equilibrium effects of commodity and trade taxes, international transfers (the 'transfer problem'), minimum wage constraints, and immiserizing growth. The Author assumes that students have some experience in formulating and answering comparative statics questions in an optimization setting. Building on these skills, and developing the idea of stability in an equilibrium setting (the Marshall Lerner condition), students learn how to formulate and answer comparative static questions in trade models.
Author: Angelo Santagostino Publisher: Cambridge Scholars Publishing ISBN: 152755533X Category : Philosophy Languages : en Pages : 150
Book Description
This book discusses the 2450 year-long journey of the evolution of human rights, beginning from their earliest manifestation through Sophocles’ tragedy Antigone (442 BCE). It then moves on to look at the relationship between human rights and the likes of Cicero and Jesus, Erasmus and the intellectuals of the Enlightenment, before considering the very roots of the idea of Europe, which goes back to the liberal and federalist thought of the late eighteenth and nineteenth centuries. The book concludes with the Charter of the EU Fundamental Rights becoming legally binding for Member States in Lisbon in 2009. While inquiring into the origins of European shared values, it assesses their compatibility with a non-European culture and religion such as Islam.
Author: Angelo Santagostino Publisher: Cambridge Scholars Publishing ISBN: 1527500845 Category : History Languages : en Pages : 130
Book Description
Luigi Einaudi produced an extensive series of writings dedicated to European federation spanning from 1897 to 1959. In these works, he designs the policies and the institutions of European federation, anticipating the future developments of the European integration process. Several of his proposals are now embedded in the various treaties which have landmarked the history of uniting Europe. However, a number of other proposals have yet to be realised, and could represent a source of inspiration in designing the future of the EU. Einaudi is shown here to be the architect of what we call today the European Union, however no historian, economist or politician has previously recognised the fundamental role of Einaudi. This lack of recognition can be extended to Eurotower bankers, whose unconventional monetary policy has drawn so much from Einaudi’s theory of financial stability.
Author: Perju Genoveva Publisher: Babelcube Inc. ISBN: 1071525433 Category : Business & Economics Languages : en Pages : 226
Book Description
Priorities in negotiating Romania's accession to the European Union by Prof. ec. Dr. Genoveva-Elena period Priorities in negotiating Romania's accession to the European Union The competitiveness of the Romanian exports has improved both as a result of the restructuring of the economy and the devaluation of the currency. The example of industrial production is illustrative. Production of the processing industry decreased by 8% in 1999 compared to 1998, its share in exports increasing from 30.7% to 35.1% and the export growth rate was 5.9%. The main effect was a reduction of the current account deficit. Overall, the current account deficit fluctuated, representing on average 5.2% of GDP. The budget deficit was difficult to control but it was achieved by applying the European Union's strictures. We can also talk about performance in terms of the level of external debt relative to the level of the external debt of the Union, which is at a higher level than other candidate countries. The labor market was affected by imbalances both in the ratio of the active and inactive population and in the employment rate. The population employed in agriculture owns about 40% of the total employed population. In addition, a large part of the population was affected by the poor (approximately 33.8%) population, especially in rural areas (40.5%). In such an internal and international framework marked by interdependencies with echoes internally from the Union or candidate countries, resolving divergent situations or removing obstacles to assuming obligations and arousing political will, the quality and experience of the negotiator can be considered decisive for further cooperation.
Author: OECD Publisher: OECD Publishing ISBN: 9264196471 Category : Languages : en Pages : 373
Book Description
The OECD Global Forum on International Investment, at its inaugural meeting in Mexico City in November 2001, provided a unique platform for participants originating from OECD and non-OECD economies to address the challenges posed by FDI. Theseconference papers add to the existing literature on FDI.
Author: G. S. Kindra Publisher: Routledge ISBN: 131764669X Category : Business & Economics Languages : en Pages : 245
Book Description
The articles in this collection discuss the role of marketing in development, and include case studies from various developing countries. They consider state enterprises, marketing education, birth control and comparative marketing models.
Author: Michele Cangiani Publisher: Taylor & Francis ISBN: 1003852505 Category : Business & Economics Languages : en Pages : 595
Book Description
Karl Polanyi is one of the most influential social scientists of our era. A report of the United Nations Conference on Trade and Development (UNCTAD) begins by noting that we are in a "Polanyi era": a time of dangerously unregulated markets, where the greatest need for decisive political action is matched by the least trust in politics. This handbook provides a comprehensive of recent research on Polanyi’s work and ideas, including the central place occupied by his thinking on the relationship between economics and politics. The stellar line-up of contributors to this book explore Polanyi’s work reflecting the intrinsic interdisciplinarity of Polanyi’s approach to understanding our society, its place in history, its fundamental dynamics, and its contradictions, as well as the methodological issues he raises. The handbook broadly follows a chronological structure beginning with influences on Polanyi, his formative experiences and early works. A significant section is dedicated to Polanyi’s seminal work, The Great Transformation, and its impact. Further sections also look at Polanyi’s wider influence, on various disciplines and methodological debates, and his ongoing relevance for present-day issues including debates on populism, neoliberalism and low carbon transitions. This handbook is a vital resource for students and scholars of economics, politics, sociology, and other social sciences.
Author: Rajat Acharyya
Author: Rajat Acharyya
Author: Charalambos D. Aliprantis
Author: Karl Polanyi
Author: Larry S Karp
Author: Angelo Santagostino
Author: Angelo Santagostino
Author: Perju Genoveva
Author: OECD
Author: G. S. Kindra
Author: Michele Cangiani