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Palgrave Macmillan

International Economic Interdependence, Patterns of Trade Balances and Economic Policy Coordination

  • Book
  • © 1992

Overview

Editors:
  1. Mario Baldassarri

    1. University of Rome ‘La Sapienza’, Italy

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    You can also search for this editor in PubMed   Google Scholar

  2. Luigi Paganetto

    1. University of Rome, ‘Tor Vergata’, Italy

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    You can also search for this editor in PubMed   Google Scholar

  3. Edmund S. Phelps

    1. Columbia University, New York, USA

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Table of contents (18 chapters)

  1. Front Matter

    Pages i-vii
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  2. Introduction and Major Conclusions

    1. Introduction and Major Conclusions

      • Edmund S. Phelps
      Pages 1-8

  3. Trade Balance Patterns as Global General Equilibrium: The Seventeenth Approach to the Balance of Payments

    1. Trade Balance Patterns as Global General Equilibrium: The Seventeenth Approach to the Balance of Payments

      • Robert Mundell
      Pages 9-60

  4. Domestic Economic Policy and Trade Balance

    1. Front Matter

      Pages 61-61
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    2. The Real Exchange Rate Under Alternative Nominal Exchange Rate Regimes

      • Emil-Maria Claassen
      Pages 63-81

    3. The Economic Effects of Expected Fiscal Policy in Small Open Economies

      • Jürgen Schröder
      Pages 83-101

    4. The Pass-Through Puzzle: The Missing Prince from Hamlet

      • Jagdish N. Bhagwati
      Pages 103-113

  6. Markets, Monetary and Fiscal Policy, Interdependence and International Coordination of Economic Policies

    1. Front Matter

      Pages 233-233
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    2. Exchange-Rate Regimes and the Desirability of International Cooperation

      • Carlo Carraro, Francesco Giavazzi
      Pages 235-261

    3. Prices and Exchange Rates: What Theory Needs to Explain

      • Alberto Giovannini
      Pages 263-282

    4. International Economic Coordination from Bretton Woods to the G5/G7 Meetings in the 80s

      • Antonio Colombo
      Pages 283-299

    5. International Economic Interdependence and World Income Distribution

      • Giovanni Palmerio
      Pages 301-307

    6. Evaluation of Actual Mechanisms Worked for External Adjustments in 1985–1988

      • Masaru Yoshitomi
      Pages 309-346

    7. Cooperation in Managing the Dollar (1985–1987): Interventions in Foreign Exchange Markets and Interest Rates

      • Eugenio Gaiotti, Paola Giucca, Stefano Micossi
      Pages 347-392
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Keywords

About this book

The subject of this book is the kind of economic interaction and interdependence that has arisen among nations in the contemporary world economy, the nature and significance of the pattern of trade balances that have resulted from them, and the question of what, if anything, should be done by national governments about that pattern. The need for international coordination of economic policies is also investigated.

Editors and Affiliations

  • University of Rome ‘La Sapienza’, Italy

    Mario Baldassarri

  • University of Rome, ‘Tor Vergata’, Italy

    Luigi Paganetto

  • Columbia University, New York, USA

    Edmund S. Phelps

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