Economic Policy, Exchange Rates, and the International System - Softcover

Corden, W. Max

Softcover

ISBN 10: 0226115917 ISBN 13: 9780226115917

Publisher: University of Chicago Press, 1995

Synopsis

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
balance-of-payments theory in relation to wage rates, income
distribution, and inflation. Chapters on the European Monetary System
focus on monetary integration and look skeptically at European proposals
to move toward monetary union. Other topical essays discuss the
"competitiveness" problem and the relation between protection and
macroeconomic policy.

Corden summarizes and clarifies a vast range of work on the coordination
of macroeconomic policies and critically reviews various proposals for
reforming the international monetary system.

About this title

About the Author

W. Max Corden is at Johns Hopkins University, Washington.

Review

`Good exposition, very technical, right level. Very good on comparative issues.'
N. Sarantis, Kingston University

`It is very good at the introductory level to understand real issues.'
Dr D. Barn, University of Kent

`The book is reasonably priced and well-designed. As always, Corden is very lucid.'
Heikki Taimio, University of Joensuu, Finland

`In Max Corden we have one of today's leading international economists. And in his latest book we surely have an essential addition to the library of any serious student of international monetary economics.'
Times Higher Education Supplement

`An essential addition to the library of any serious student of international monetary economics ... a very useful text for students of both economics and international law and one which reveals the extent to which these two disciplines depend on each other ... The book provides a
comprehensive coverage of the subject of trade regulation.'
Times Higher Education Supplement

Edition details

• Publisher: University of Chicago Press
• Publication date: 1995
• Language: English
• ISBN 10: 0226115917
• ISBN 13: 9780226115917
• Binding: Paperback
• Edition number: 1
• Number of pages: 331