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Trade, The Balance Of Payments And Exchange Rate Policy In Developing Countries |
A.P. Thirlwall, Professor of Applied Economics, University of Kent, Canterbury, UK
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| 2003 |
192 pp |
Hardback |
978 1 84376 229 4 |
$100.00 |
on-line discount
$90.00 |
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| 2004 |
192 pp |
Paperback |
978 1 84376 848 7 |
$30.00 |
on-line discount
$24.00 |
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‘The book is an important addition to the current literature on balance-of-payments and exchange-rate policy in developing countries. It offers a view that is different from the standard approach and forces us to reconsider the conventional wisdom. Thirlwall builds on his rich past research and puts out a short and readable book that is very much needed not only in the classroom but also in the offices of policymakers and international institutions.’
– Mohammed Akacem, The Journal of Energy and Development
This book is a synthesis of the author’s ideas and research concerning the monetary consequences of trade flows, and the relevance of conventional balance of payments adjustment theory. These ideas are considered mainly in the context of developing countries, many of which suffer from deep structural difficulties and severe foreign exchange shortages.
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Contents: Preface Introduction 1. Trade and Growth 2. Trade and the Balance of Payments 3. Exchange Rate Systems and Policy 4. What is Wrong with Balance of Payments Adjustment Theory? 5. A New International Economic Order Bibliography Index
View the author's website at
http://www.kent.ac.uk/economics/staff/profiles/tony-thirlwall.html
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