Evolving patterns in global trade and finance /

In Evolving Patterns in Global Trade and Finance, Professor Sven W. Arndt offers succinct and rigorous explanations of important developments in trade, finance and international monetary relations. Topics include economic and monetary integration, cross-border production networks, and stabilization...

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Bibliographic Details
Main Authors: Arndt, Sven W. (Author)
Corporate Authors: World Scientific (Firm)
Published: World Scientific Pub. Co.,
Publisher Address: Singapore ; River Edge, N.J. :
Publication Dates: 2015.
Literature type: eBook
Language: English
Series: World Scientific Studies in International Economics ; v. 39
Subjects:
Online Access: http://www.worldscientific.com/worldscibooks/10.1142/9173#t=toc
Summary: In Evolving Patterns in Global Trade and Finance, Professor Sven W. Arndt offers succinct and rigorous explanations of important developments in trade, finance and international monetary relations. Topics include economic and monetary integration, cross-border production networks, and stabilization policy in orthodox and mixed exchange-rate regimes. The theoretical framework developed in this volume provides critical assessments of existing policies and practices, develops theoretical foundations for new and emerging patterns in trade and finance, and evaluates how well economists and policy makers are dealing (or have dealt) with the challenges they face. Readers will find the most in-depth and comprehensive discussion of international production networks ("off-shoring"), a detailed analysis of the implications for US economic stability and policy autonomy of its unorthodox exchange rate regime of fixed and floating rates, and insights into the causes of recent economic and financial turmoil in the global economy.
Carrier Form: 1 online resource (xvi,332pages) : illustrations.
Bibliography: Includes bibliographical references and index.
ISBN: 9789814603416
Index Number: HF1379
CLC: F74
Contents: pt. I. Beyond the standard trade model. 1. Free trade and its alternatives (The Oxford Handbook on International Commercial Policy) -- 2. On discriminatory vs. non-preferential tariff policies (The Economic Journal) -- 3. Customs union and the theory of tariffs (The American Economic Review) -- 4. Domestic distortions and trade policy (Oxford Economic Papers) -- pt. II. Fragmentation and cross-border production networks. 5. Fragmentation (The Princeton Encyclopedia of the World Economy) -- 6. Super-specialization and the gains from trade (Contemporary Economic Policy) -- 7. Global production networks and regional integration (Empirical Methods in International Trade: Essays in Honor of Mordechai Kreinin) -- 8. Production networks in an economically integrated region (ASEAN Economic Bulletin) -- 9. Trade diversion and production sharing (The Journal of Economic Asymmetries) -- 10. Production networks, exchange rates and macroeconomic stability (The Global Economics of a Changing Environment) -- 11. Trade, production networks and the exchange rate (The Journal of Economic Asymmetries) -- 12. Intra-industry trade and the open economy (Korea and the World Economy) -- 13. Fragmentation, imperfect competition and heterogeneous firms -- pt. III. Macro policy challenges in open economies. 14. Policy choices in an open economy: Some dynamic considerations (Journal of Political Economy) -- 15. Joint balance: Capital mobility and the monetary system of a currency area (The Economics of Common Currencies) -- 16. International short term capital movements: A distributed lag model of speculation in foreign exchange (Econometrica) -- 17. Regional currency arrangements in North America (Bank of Greece, Economic Research Department - Special Studies Division, working paper no. 40) -- 18. Adjustment in an open economy with two exchange-rate regimes (The Journal of Economic Asymmetries) -- 19. Stabilization policy in an economy with two exchange rate regimes (Global Economy Journal) -- 20. Policy challenges in a dual exchange rate regime (Korea and the World Economy) -- 21. The "great moderation" in a dual exchange rate regime (Global Economy Journal).