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An Introduction To International Macroeconomics: a Primer On Theory, Policy And Applications

An Introduction To International Macroeconomics: a Primer On Theory, Policy And Applications

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  • ISBN:9781403940049
  • Editorial: Palgrave
  • Fecha de la edición:
  • Número de la edición: 3
  • Encuadernación:Rústica
  • Dimensiones: 16 cm x 23 cm
  • Nº Pág.:240
  • Idiomas:

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The main purpose of this book is to show the relevance of international macroeconomics to understanding the world economy. It is divided into three parts. The first provides a succinct summary of open economy macroeconomics from a theoretical perspective. The second analyzes policy covering the balance of payments, exchange rates, capital flows and the co-ordination of macroeconomic policy. The third applies the theory to show how it informs a number of global economic events and issues including economic and financial crises and global economic imbalances.

Introduction
PART ONE: THEORY
An Open Economy Macroeconomic Model
Trade Functions and Capital Movements
Balance of Payments Theory
Theories of Exchange Rate Determination
Theories of Currency Crisis
PART TWO: POLICY
Balance of Payments Policy
Stabilisation Policy in an Open Economy
Exchange Rate Management and Policy
Dealing with International Capital Volatility
The International Co-ordination of Macroeconomic Policy
PART THREE: APPLICATIONS
The Oil Crisis of the 1970s and the Debt Crisis of the 1980s
Monetary Integration in Europe: the UK and the Euro
Currency and Economic Crises in Emerging Economies
The US Current Account Deficit and Global Economic Imbalances
The International Monetary Fund and Macroeconomic Policy
Notes
Index

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