International Economic Policies and Their Theoretical Foundations

International Economic Policies and Their Theoretical Foundations PDF Author: John M. Letiche
Publisher: Academic Press
ISBN: 1483297047
Category : Business & Economics
Languages : en
Pages : 988

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Book Description
The literature on international economics has become excessively specialized. In selecting distinguished readings for this source book--including contributions by Nobel laureates such as Lawrence R. Klein, Arthur Lewis, James Meade, and Theodore W. Schultz--Professor Letiche breaks the mold. The essays concentrate on interrelation between theory and actual policy design, and this collection of classic pieces and recent economic contributions are a valued resource in universities and government offices.

International Economic Policies and Their Theoretical Foundations

International Economic Policies and Their Theoretical Foundations PDF Author: John M. Letiche
Publisher: Academic Press
ISBN: 1483297047
Category : Business & Economics
Languages : en
Pages : 988

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Book Description
The literature on international economics has become excessively specialized. In selecting distinguished readings for this source book--including contributions by Nobel laureates such as Lawrence R. Klein, Arthur Lewis, James Meade, and Theodore W. Schultz--Professor Letiche breaks the mold. The essays concentrate on interrelation between theory and actual policy design, and this collection of classic pieces and recent economic contributions are a valued resource in universities and government offices.

International Economics Policies and Their Theoretical Foundations

International Economics Policies and Their Theoretical Foundations PDF Author: John M. Letiche
Publisher: Academic Press
ISBN: 1483271285
Category : Business & Economics
Languages : en
Pages : 686

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Book Description
International Economics Policies and Their Theoretical Foundations: A Source Book provides information pertinent to the increasing differentiation of international economic policies among the developed and developing market economies. This book presents an analysis of fundamental principles of international economics. Organized into nine parts encompassing 33 chapters, this book begins with an overview of the certain elements of the relationship between the developing and the developed countries that the developing countries find particularly irksome. This text then analyzes the determinants of secular changes in the terms of trade and attempt to assess the influence of these changes on the development of a poor country. Other chapters consider the different concepts of the terms of trade, including the gross barter, income, net barter or commodity, and utility terms of trade. The final chapter deals with the economic scenarios for the 1980s. This book is a valuable resource for teachers, students, and government officials.

International Economic Policies and Their Theoretical Foundations

International Economic Policies and Their Theoretical Foundations PDF Author: John M. Letiche
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 696

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Book Description


International Economic Policies and Their Theoretical Foundation

International Economic Policies and Their Theoretical Foundation PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 674

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Book Description


The Evolution of the International Economic Order

The Evolution of the International Economic Order PDF Author: William Arthur Lewis
Publisher: Princeton University Press
ISBN: 1400868513
Category : Business & Economics
Languages : en
Pages : 92

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Book Description
Do rich industrial nations underestimate the threat to their economic stability posed by demands for a new international economic order? Are the developing countries wrong to assume that their economic advancement depends on a transfer of wealth from the richer nations? Sir W. Arthur Lewis's provocative analysis of the present economic order and its origins suggests that the answer to both questions is yes. Professor Lewis perceptively illuminates aspects of recent economic history that have often been overlooked by observers of international affairs. He asks first how the world came to be divided into countries exporting manufactures and countries exporting primary commodities. High agricultural productivity and a good investment climate allowed countries in Northwest Europe to industrialize rapidly, while the favorable terms of trade they enjoyed assured them and the temperate lands to which Europeans migrated of continuing dominance over the tropical countries. At the core of the author's argument lies the contention that as the structure of international trade changes, the tropical countries move rapidly toward becoming net importers of agricultural commodities and net exporters of manufactures. Even so, they continue to depend on the markets of the richer countries for their growth, and they continue to trade on unfavorable terms. Both of these disadvantages, he concludes, stem from large agricultural sectors with low productivity and will disappear only as the technology of tropical food production is revolutionized. Originally published in 1978. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The Foundations of Economic Policy

The Foundations of Economic Policy PDF Author: Nicola Acocella
Publisher: Cambridge University Press
ISBN: 9780521586382
Category : Business & Economics
Languages : en
Pages : 546

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Book Description
Recent developments in public economics have largely been in the direction of reaffirming the limits of the market and of establishing new ones. The possible existence of fundamental non-convexities, imperfect and asymmetric information, incentive compatibility, imperfect competition, strategic complementarity, and scale economies led to the conclusion that a large set of market failures exist; such situations also imply government failure. Acocella, considers this complicated picture and provides a discussion of the different approaches to establishing social 'rankings' of the possible situations and the underlying principles. The arguments for and against different institutions are then analysed at a micro and macroeconomic level. The market and the government are recognised as imperfect, and thus complementary, institutions. Specific policy targets and instruments are considered in the areas of micro and macro-economic policy. Special attention is devoted to questions of policy management in an open economy. Finally, problems of domestic and international policy co-ordination are considered.

The Global Economic Crisis

The Global Economic Crisis PDF Author: Emiliano Brancaccio
Publisher: Routledge
ISBN: 113672415X
Category : Business & Economics
Languages : en
Pages : 387

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Book Description
Why did the economists of the so-called "mainstream" seem to fail to foresee the global economic crisis that exploded in 2008? And why do they appear to have difficulty in putting forward an interpretation of it that is consistent with the theoretical foundations of their models? These two questions have echoed insistently since the outbreak of the crisis, not only in academic circles but also in the mass media, and appear to reflect increasingly widespread dissatisfaction with the dominant paradigm of economic theory. Many believe that the global recession now underway may constitute an historic watershed for the evolution of economics and therefore that an authentic change of paradigm is called for, rather than only minor adjustments to the dominant approach. Since the start of the crisis, there has indeed been a profusion of contributions from alternative areas of economic study, and in particular from those adopting a critical stance with respect to mainstream economic theory. This collection puts forward promising reinterpretations of the primary schools of heterodox political economy, stringent critiques of the conventional readings of the recession, new schemes of theoretical and empirical analysis of the crisis, and proposals for economic policies alternative to those hitherto adopted. This book contains a selection of some of the most recent contributions to the critique of mainstream economic theory and policy, and discusses the origins and possible evolutions of the current economic crisis. The collection should be of interest to students and researchers focussing on macroeconomics, monetary economics, political economy and financial economics.

International Economics

International Economics PDF Author: Sebastiana Viphindrartin
Publisher: BookRix
ISBN: 3748778074
Category : Business & Economics
Languages : en
Pages : 183

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Book Description
This International Economics Textbook is for reading material written to enrich course material in the field of International Economics related to Theory and Practice and policies, including on Import-Export. This book is the result of the collaboration of a business practitioner who has more than 10 years of experience in the field of international business and an academician and researcher who has studied economic theory and research for more than 20 years. This book discusses a lot about economic theories in international trade and the direction of its policies, including practical international business guides that can be a basis for understanding in developing international business along with general government policies in terms of international economic policies that are often encountered in international business practice. The things discussed in this book are very important to be studied as a basis for understanding international economics for both students and practitioners of decision-making in companies who want to develop an international scale business. This textbook contains four subjects which include: Introduction International Economic Theory International Economic Policy International Business The four subjects are expected to provide provisions for students to understand international economics and to understand international business and trade practices as well as to understand the economic conditions of export destination countries and/or import destination countries if students continue their studies in the field of international business and trade and practice in the real world. The author collaborates to bring together experience and knowledge in the field of international economics with the hope of providing an overview and transfer of knowledge to students who want to become entrepreneurs or practitioners of international business as well as teaching materials for students studying international business and the economy. The author is working hard to develop this book to its full potential for students. However, constructive criticism and suggestions are open to writers for all parties for the sake of perfection in the development of international economics textbooks.

International Trade Theory

International Trade Theory PDF Author: Wei-Bin Zhang
Publisher: Springer Science & Business Media
ISBN: 3540782656
Category : Business & Economics
Languages : en
Pages : 415

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Book Description
The development of international trade theory has created a wide array of different theories, concepts and results. Nevertheless, trade theory has been split between partial and conflicting representations of international e- nomic interactions. Diverse trade models have co-existed but not in a structured relationship with each other. Economic students are introduced to international economic interactions with severally incompatible theories in the same course. In order to overcome incoherence among multiple theories, we need a general theoretical framework in a unified manner to draw together all of the disparate branches of trade theory into a single - ganized system of knowledge. This book provides a powerful – but easy to operate - engine of analysis that sheds light not only on trade theory per se, but on many other dim- sions that interact with trade, including inequality, saving propensities, education, research policy, and knowledge. Building and analyzing various tractable and flexible models within a compact whole, the book helps the reader to visualize economic life as an endless succession of physical ca- tal accumulation, human capital accumulation, innovation wrought by competition, monopoly and government intervention. The book starts with the traditional static trade theories. Then, it develops dynamic models with capital and knowledge under perfect competition and/or monopolistic competition. The uniqueness of the book is about modeling trade dyn- ics.

Theoretical Foundations of Macroeconomic Policy

Theoretical Foundations of Macroeconomic Policy PDF Author: Giovanni Di Bartolomeo
Publisher: Routledge
ISBN: 1317239407
Category : Business & Economics
Languages : en
Pages : 213

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Book Description
The recent economic events driven by the great financial crisis of 2007-08 has challenged some "dogma", highlighting various limits and drawbacks of current paradigms. The crisis showed the limitations of monetary policy and led to a revaluation of what levels of public debt can be considered safe. This volume aims to refresh the debate on some important long-run macroeconomic issues from new and fresh perspectives. Theoretical Foundations of Macroeconomic Policy raises a number of questions relating to the challenges faced by macroeconomic theory and policies. The common line is the long run and policy perspective. The first part of the book is devoted to the theory of growth and productivity. The second part concentrates on long-run effects of fiscal and monetary policy. Specifically, topics investigated by the international range of authors are the theory of optimal growth, the productivity policies and production function estimations, demand- vs. supply- driven growth, optimal debt default and the incompleteness of financial markets, the long-run optimal inflation target and its relationship with public finance, the long term effects of government budget constraints on growth, and effect on optimal policies in non-market clearing environment. The book will be of interest to postgraduates, researchers, and academics studying macroeconomics and fiscal policies.