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Currencies and Crises (Paperback)
$24.99 - Save $0.01 - RRP $25.00 Free shipping worldwide (to United States and
all these other countries) Usually dispatched within 48 hours | |Short Description for Currencies and CrisesThe 11 essays in this text cover such areas of economics as the role of exchange rates in balance-of-payments adjustment policy, the role of speculation in the functioning of exchange-rate regimes, and Third World debt, from the late 1970s to the mid-1990s.
Full description- Publisher: MIT Press
- Published: 12 April 1995
- Format: Paperback 240 pages
- See: Full bibliographic data
- Categories: Economics | Economic Theory & Philosophy | Monetary Economics | International Finance
- ISBN 13: 9780262611091 ISBN 10: 0262611090
- Sales rank: 799,419
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Full description for Currencies and Crises
Paul Krugman's first collection of essays, Rethinking International Trade, mounted a spirited assault on established trade theory and proposed an alternative approach to account for increasing returns and imperfect competition. Less theoretical and more embedded in real-world experience, this new collection revolves around Krugman's work on international monetary economics from the late 1970s to the present in an effort to make sense of a turbulent period that "involved one surprise after another, most of them unpleasant."The eleven essays cover such key areas as the role of exchange rates in balance-of-payments adjustment policy, the role of speculation in the functioning of exchange rate regimes, Third World debt, and the construction of an international monetary system. They are unified by the same basic methodology and style the construction of a small theoretical model in order to simplify or clarify a puzzling or difficult world monetary problem.Paul R. Krugman is Professor of Economics at the Massachusetts Institute of Technology and a member of the Group of Thirty.
