Money Capital Accumulation And International Transactions

Author : Wei-Bin Zhang
Publisher : Springer Science & Business Media
Page : 415 pages
File Size : 50,8 Mb
Release : 2008-04-23
Category : Business & Economics
ISBN : 9783540782650

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International Trade Theory by Wei-Bin Zhang Pdf

The development of international trade theory has created a wide array of different theories, concepts and results. Nevertheless, trade theory has been split between partial and conflicting representations of international e- nomic interactions. Diverse trade models have co-existed but not in a structured relationship with each other. Economic students are introduced to international economic interactions with severally incompatible theories in the same course. In order to overcome incoherence among multiple theories, we need a general theoretical framework in a unified manner to draw together all of the disparate branches of trade theory into a single - ganized system of knowledge. This book provides a powerful – but easy to operate - engine of analysis that sheds light not only on trade theory per se, but on many other dim- sions that interact with trade, including inequality, saving propensities, education, research policy, and knowledge. Building and analyzing various tractable and flexible models within a compact whole, the book helps the reader to visualize economic life as an endless succession of physical ca- tal accumulation, human capital accumulation, innovation wrought by competition, monopoly and government intervention. The book starts with the traditional static trade theories. Then, it develops dynamic models with capital and knowledge under perfect competition and/or monopolistic competition. The uniqueness of the book is about modeling trade dyn- ics.

Author : Ronald I. McKinnon
Publisher : Brookings Institution Press
Page : 204 pages
File Size : 41,6 Mb
Release : 2010-12-01
Category : Business & Economics
ISBN : 0815718497

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Money and Capital in Economic Development by Ronald I. McKinnon Pdf

This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a "bootstrap" approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems.

Author : Wei-Bin Zhang
Publisher : Routledge
Page : 395 pages
File Size : 45,8 Mb
Release : 2008-07-23
Category : Business & Economics
ISBN : 9781134043729

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Monetary Growth Theory by Wei-Bin Zhang Pdf

This book answers some challenging questions in monetary growth theory within a compact theoretical framework. The author succeeds in integrating the theory of money, the theory of value and the theory of growth. The book re-examines many important ideas in modern monetary economics within a single analytical framework. It is concerned not only with traditional one-sector growth models of a homogeneous population with endogenous capital and knowledge, but also with multi-sector models, economies with heterogeneous households, and economies with urban structures, interregional interactions and international trade. Zhang’s book will appeal to those studying monetary economics, neoclassical growth theory, development economics and international economics. It is also useful more generally, for researchers in social sciences with an interest in the role of money in modern societies.

Author : Dick Bryan
Publisher : Westview Press
Page : 232 pages
File Size : 40,6 Mb
Release : 1995-06-11
Category : Business & Economics
ISBN : STANFORD:36105012407602

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The Chase Across The Globe by Dick Bryan Pdf

Author : Tobias F. Rötheli
Publisher : Unknown
Page : 105 pages
File Size : 43,8 Mb
Release : 1995
Category : Economics
ISBN : 3258052581

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Berner Beiträge zur Nationalökonomie by Tobias F. Rötheli Pdf

Author : Harry Gordon Johnson
Publisher : Unknown
Page : 216 pages
File Size : 51,9 Mb
Release : 1958
Category : Commerce
ISBN : STANFORD:36105001891188

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International Trade and Economic Growth by Harry Gordon Johnson Pdf

Author : Martin Feldstein
Publisher : University of Chicago Press
Page : 500 pages
File Size : 48,8 Mb
Release : 2007-12-01
Category : Business & Economics
ISBN : 9780226241807

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International Capital Flows by Martin Feldstein Pdf

Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movement of capital. Flows from foreign direct investment and debt and equity financing can bring countries substantial gains by augmenting local savings and by improving technology and incentives. Investing companies acquire market access, lower cost inputs, and opportunities for profitable introductions of production methods in the countries where they invest. But, as was underscored recently by the economic and financial crises in several Asian countries, capital flows can also bring risks. Although there is no simple explanation of the currency crisis in Asia, it is clear that fixed exchange rates and chronic deficits increased the likelihood of a breakdown. Similarly, during the 1970s, the United States and other industrial countries loaned OPEC surpluses to borrowers in Latin America. But when the U.S. Federal Reserve raised interest rates to control soaring inflation, the result was a widespread debt moratorium in Latin America as many countries throughout the region struggled to pay the high interest on their foreign loans. International Capital Flows contains recent work by eminent scholars and practitioners on the experience of capital flows to Latin America, Asia, and eastern Europe. These papers discuss the role of banks, equity markets, and foreign direct investment in international capital flows, and the risks that investors and others face with these transactions. By focusing on capital flows' productivity and determinants, and the policy issues they raise, this collection is a valuable resource for economists, policymakers, and financial market participants.

Author : Christian Anglade,Carlos Fortin
Publisher : Unknown
Page : 280 pages
File Size : 46,8 Mb
Release : 1985
Category : Business & Economics
ISBN : UTEXAS:059173025389716

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The State and Capital Accumulation in Latin America by Christian Anglade,Carlos Fortin Pdf

Case studies of the impact of economic policy and monetary policy on capital formation in Latin America with partic. Reference to Brazil, Chile and Mexico - examines the economic implications of development policies, in partic. The effects of import substitution and export promotion of export oriented industries on capital accumulation and economic conditions; studies social implications and economic role of international capital flow, implantation of foreign capital and external debt. References, statistical tables.

Author : Samir Amin
Publisher : Unknown
Page : 328 pages
File Size : 52,5 Mb
Release : 1974
Category : Economic development
ISBN : UCAL:B4310462

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Accumulation on a World Scale by Samir Amin Pdf

Samir Amin has undertaken an ambitious task: nothing less than an analysis of the process of capital accumulation on a global level. Drawing on a wide range of empirical material from Africa and the Middle East, Amin attempts to demonstrate, through a critique of writings on "underdevelopment," how accumulation in advanced capitalist countries prevents development, however that may be defined, within the peripheral social formations, usually referred to as "underdeveloped" countries. Samir Amin ranks among those who realize the necessity not merely to comprehend the growing crisis of world capitalism, as it manifests itself within individual nation states, but also at the world level.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 159 pages
File Size : 47,5 Mb
Release : 1996-04-15
Category : Business & Economics
ISBN : 9781557755704

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Balance of Payments Textbook by International Monetary Fund Pdf

The Balance of Payments Textbook, like the Balance of Payments Compilation Guide, is a companion document to the fifth edition of the Balance of Payments Manual. The Textbook provides illustrative examples and applications of concepts, definitions, classifications, and conventions contained in the Manual and affords compilers with opportunities for enhancing their understanding of the relevant parts of the Manual. The Textbook is one of the main reference materials for training courses in balance of payments methodology.

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 98 pages
File Size : 50,6 Mb
Release : 2011-02-14
Category : Business & Economics
ISBN : 9781498339353

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Recent Experiences in Managing Capital Inflows—Cross-Cutting Themes and Possible Policy Framework by International Monetary Fund. Strategy, Policy, & Review Department Pdf

Emerging markets (EMs) are experiencing a surge in capital inflows, lifting asset prices and growth prospects. While inflows are typically beneficial for receiving countries, inflow surges can carry macroeconomic and financial stability risks. This paper reviews the recent experience of EMs in dealing with capital inflows and suggests a possible framework for IMF policy advice on the spectrum of measures available to policymakers to manage inflows, including macroeconomic policies, prudential measures and capital controls. Illustrative applications of this framework suggest that it may be appropriate for several countries, based on their current circumstances, to consider prudential measures or capital controls in response to capital inflows. The suggested framework is intended to inform staff policy advice to all Fund members with open capital accounts. It forms part of a broader effort to sharpen Fund surveillance, preserve evenhandedness, and foster greater global policy coordination. As indicated in the Supplement to this paper, this broader effort includes the development of “global rules of the game” on macroprudential policies, capital account liberalization, and reserve adequacy, and the preparation of spillover reports assessing spillovers from the five systemic economies—all of which will inform the current and broader framework being developed.

Author : Robert Triffin
Publisher : Unknown
Page : 104 pages
File Size : 48,5 Mb
Release : 1964
Category : Business & Economics
ISBN : UOM:49015001169599

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The Evolution of the International Monetary System by Robert Triffin Pdf

Author : Geert Reuten
Publisher : BRILL
Page : 737 pages
File Size : 41,7 Mb
Release : 2018-12-24
Category : Political Science
ISBN : 9789004392809

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The unity of the capitalist economy and state by Geert Reuten Pdf

In The unity of the capitalist economy and state, Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity. In its critique of contemporary economics, the book argues that in order to comprehend the capitalist system, one requires a full synthetic exposition of the economic and state institutions and processes necessary for its continued existence. A synthetic approach also reveals a range of components that are often obscured by partial analyses. In its systematic character, Reuten’s work takes inspiration from Marx’s provisional outline of the capitalist system in Capital, while also addressing fields that Marx left unfinished – such as the capitalist state.

Author : Mr.Udaibir S. Das,Mr.Adnan Mazarei,Han van der Hoorn
Publisher : International Monetary Fund
Page : 330 pages
File Size : 53,6 Mb
Release : 2010-12-09
Category : Business & Economics
ISBN : 9781589069275

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Economics of Sovereign Wealth Funds by Mr.Udaibir S. Das,Mr.Adnan Mazarei,Han van der Hoorn Pdf

The book covers a wide range of topics of relevance to policymakers in countries that have sovereign wealth funds (SWFs) and those that receive SWF investments. Renowned experts in the field have contributed chapters. The book is organized around four themes: (1) the role and macrofinancial linkages of SWFs, (2) institutional factors, (3) investment approaches and financial markets, and (4) the postcrisis outlook. The book also discusses the challenges facing sovereign wealth funds in the coming years, from an inside perspective on countries, including Canada, Chile, China, Norway, Russia, and New Zealand. Economics of Sovereign Wealth Funds will contribute to a further understanding of the nature, strategies and behavior of SWFs and the environment in which they operate, as their importance is likely to grow in the coming years.

Author : United Nations
Publisher : United Nations Publications
Page : 188 pages
File Size : 54,5 Mb
Release : 2003
Category : Business & Economics
ISBN : 9211125790

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Trade and Development Report by United Nations Pdf

This report assesses trends and prospects for the global economy and the international trading system, with a particular focus on the issues of capital formation, structural change and international competitiveness. It considers current difficulties dating back to the financial excesses and global economic imbalances of the 1990s, and examines the need for new thinking on development strategies. A range of issues are discussed including continuing weaknesses in developed economies, disparities in growth performance in developing and transition economies, policies required to promote global recovery, capital flows to developing countries, trade flows and balances. It examines policy reforms and economic performance in Latin America, where market-led trade reforms have gone furthest but where initial signs of success have not endured.