This book offers a comprehensive and insightful reflection on David Ricardo’s ingenious theory of international trade. Divided into three parts, Part I presents the “birthday boy”, his concept and the many applications and insights that have been derived from it, particularly in modern times. Part II explores in depth important aspects of the Ricardian trade theory through the eyes and experience of leading experts on international trade theory, taking into account the latest research in the field. Lastly, Part III discusses current challenges of globalization in the light of Ricardian trade theory and includes the original "On Foreign Trade" written and published by David Ricardo in 1817.

About the Author

Ronald W. Jones Professor of International Economics, Department of Economics, University of Rochester (USA), and the author of more than 150 scientific articles in international trade theory in peer-reviewed economics journals. He has also written several books, including the undergraduate textbook of World Trade and Payments: An Introduction (10th edition) (Co-Author with Richard Caves and Jeffrey Frankel (Pearson)), and Globalization and the Theory of Input Trade, reflecting his Ohlin Lectures in 2000 (MIT Press).

Rolf Weder Professor of International Trade and European Integration, Faculty of Business and Economics, University of Basel (Switzerland). He has published numerous scientific articles on international economics, European integration and Swiss economic policy in peer-reviewed journals. He is the author of a number of books (in German), including International Competitive Advantages: A Strategic Concept for Switzerland (Co-Author with Silvio Borner, Michael E. Porter and Michael Enright (Campus)) and Switzerland and the EU (with Beat Spirig (NZZ Libro)).

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