Exchange-Rate Instability.

Krugman, Paul

Published by The MIT Press, Cambridge, 1989

About this Item

First edition of Krugman's provocative analysis of the extraordinary exchange-rate volatility of the 1980s. Octavo, original cloth. Presentation copy, inscribed by the author on the title page, "For William, Paul R. Krugman." Near fine in a very good dust jacket. In this intriguing synthesis of current theories of international finance, trade, and industrial organization, MIT economics professor Paul Krugman presents a succinct analysis of the causes and effects of exchange-rate instability. In a surprising reevaluation of his own work on exchange rates, Krugman questions the need for further devaluation of the dollar, arguing that uncertainty - rather than the lack of cost-competitiveness - explains the failure of current policies to reduce the U.S. trade deficit. Seller Inventory # 114546

Bibliographic Details

Title: Exchange-Rate Instability.

Publisher: The MIT Press, Cambridge

Publication Date: 1989

Binding: Hardcover

Dust Jacket Condition: Dust Jacket Included

Signed: Signed by Author(s)

Edition: 1st Edition