1.

Record Nr.

UNINA9910786638203321

Titolo

International economic policies and their theoretical foundations : a sourcebook / / edited by John M. Letiche

Pubbl/distr/stampa

San Diego, California ; ; London, England : , : Academic Press, Inc., , 1992

©1992

ISBN

1-4832-9704-7

Edizione

[2nd ed.]

Descrizione fisica

1 online resource (1022 p.)

Collana

Economic Theory, Econometrics, and Mathematical Economics

Disciplina

337

Soggetti

Commercial policy

International trade

International economic relations

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Front Cover; International Economic Policies and their Theoretical Foundations: A Sourcebook; Copyright Page; Table ofContents; Preface; Introduction; Part I: Evolution and Prospects of the International Economy; CHAPTER1. THE EVOLUTION OF THE INTERNATIONAL ECONOMIC ORDER; INTRODUCTION; 2. HE DIVISION OF THE WORLD; 3.THE FACTORAL TERMS OF TRADE; 4.CUMULATIVE FORCES; CHAPTER 2.PORTUNITIES AND RISKS FOR THE WORLD ECONOMY: THE CHALLENGE OF INCREASING COMPLEXITY; Introduction; A Brief History; Forms of Economic Cooperation and Rationale; Current Problems; Impediments to Cooperation

A Glimpse into the FutureNOTES; REFERENCES; CHAPTER 3.THE WORLD ECONOMY ENTERING THE 1990s; I. DEVELOPMENTS IN 1989; II. PROSPECTS FOR 1990 AND INTERNATIONAL POLICY CHALLENGES; Part II:Terms of Trade and Gains from Trade in Goods and Services, Capital, and Assets; Chapter 4. Terms of Trade; CHAPTER 5.THE DEVELOPMENT OF GAINS FROM TRADE THEORY: CLASSICAL TO MODERN; THE EARLY WRITINGS; POST-WORLD WAR I LITERATURE; GAINS FROM TRADE: SOME RECENT MATHEMATICAL CONTRIBUTIONS; TRADE, DEVELOPMENT AND UNCERTAINTY; CONCLUDING REMARKS; NOTES; JOHN M. LETICHE, ROBERT G. CHAMBERS, AND ANDREW SCHMITZ



FOOTNOTESPart III: World Food, International Trade, and Agriculture; CHAPTER 6.THE ALLOCATIVE EFFICIENCY OF TRADITIONAL AGRICULTURE; THE ECONOMIC EFFICIENCY HYPOTHESIS; PANAJACHEL, GUATEMALA:VERY POOR BUT EFFICIENT; SENAPUR, INDIA: POOR BUT EFFICIENT; INFERENCES AND IMPLICATIONS; CHAPTER 7.THE ECONOMICS OF THE VALUE OF HUMAN TIME1; CHAPTER 8.THE WORLD FOOD SITUATION: DEVELOPMENTSAND PROSPEDCUTRSI NFOGR T THHEE 1 917908s0 s AND 1990s1; INTRODUCTION; FOOD SUPPLY AND DEMAND DURING THE 1970s; MALNUTRITION-HOW MUCH?; PRICE INSTABILITY; FOOD SECURITY, POVERTY, AND MALNUTRITION

PROSPECTS FOR THE 1980sCONCLUDING COMMENTS; Part IV:Common Markets; CHAPTER 9.THE ECONOMICS OF CUSTOMS UNIONS; CUSTOMS UNION AS AN APPROACH TO FREE TRADE; CUSTOMS UNION AND THE ""TERMS OF TRADE""; CHAPTER 10.THE THEORY OF CUSTOMS UNIONS:A GENERAL SURVEY1; THE THEORY OF CUSTOMS UNIONS; Chapter 11.The Theory of Common Markets; INTEGRATION AND CAPITAL FLOWS; FOREIGN CAPITAL AND THE COSTS ANDBENEFITS OF INTEGRATION; TRANSNATIONAL ENTERPRISES ANDINTEGRATION; COMMON MARKETS, FACTOR SUPPLIES, DYNAMICEFFECTS AND CONVERGENCE

THE IMPACT OF THE EUROPEAN COMMUNITYON THE STRATEGY AND PERFORMANCE OFTRANSNATIONAL ENTERPRISESCOMPLETING THEEUROPEAN COMMON MARKET; CONCLUSION; Chapter 12. Europe 1992: Macroeconomic Implications; The Aggregate Effects; Increased Protection in Europe?; Financial Integration; Fiscal Convergence and Public Debt; International Financial Competition; References; CHAPTER 13.THE THEORY OF COMMON MARKETS AS APPLIED TO REGIONAL ARRANGEMENTSAMONG DEVELOPING COUNTRIES; I. INTRODUCTION; II. THE BALANCE BETWEEN TRADE-DIVERTING AND TRADE-CREATING EFFECTS

III. COMPLEMENTARY VERSUS COMPETITIVE PARTNERS AND THE PATTERN OF EXISTING TRADE

Sommario/riassunto

The literature on international economics has become excessively specialized. In selecting distinguished readings for this source book--including contributions by Nobel laureates such as Lawrence R. Klein, Arthur Lewis, James Meade, and Theodore W. Schultz--Professor Letiche breaks the mold. The essays concentrate on interrelation between theory and actual policy design, and this collection of classic pieces and recent economic contributions are a valued resource in universities and government offices.