International Economics
An Introduction to Theory and Policy
Published on 14. November 2013
Book
Paperback/Softback
600 pages
978-0-19-807976-7 (ISBN)
Description
Over the last three decades, there has been a greater interdependence between economies than ever before due to fragmentation and outsourcing of production processes, increasing mobility of people, international capital flows, and flexible exchange rate regimes. International Economics initiates students to these changes in the global economic scenario by combining current research and new perspectives with conventional theoretical wisdom.
Complementing trade theories with relevant trade empirics, the book analyses a wide range of policy issues in the present wave of globalization relating to product standards and regulations; impact of environment on trade; labour and quality standards; bilateralism, regionalism, and multilateralism, with a focus on debates at the WTO; the growing expansion of service exports; and the linkages between trade and inclusive growth.
Unlike most textbooks on the subject that begin with model-specific discussions, this book takes a distinctively different approach. It first introduces the basic principles underlying international exchange, trade, and exchange rate policies, and then goes on to offer alternative theoretical explanations for these principles by using specific models of trade. Accessible and up-to-date, the book offers handy study aids in the form of clearly defined summary concepts, keywords, case studies, problem-solving exercises, and suggested reading for students and teachers of international economics.
Complementing trade theories with relevant trade empirics, the book analyses a wide range of policy issues in the present wave of globalization relating to product standards and regulations; impact of environment on trade; labour and quality standards; bilateralism, regionalism, and multilateralism, with a focus on debates at the WTO; the growing expansion of service exports; and the linkages between trade and inclusive growth.
Unlike most textbooks on the subject that begin with model-specific discussions, this book takes a distinctively different approach. It first introduces the basic principles underlying international exchange, trade, and exchange rate policies, and then goes on to offer alternative theoretical explanations for these principles by using specific models of trade. Accessible and up-to-date, the book offers handy study aids in the form of clearly defined summary concepts, keywords, case studies, problem-solving exercises, and suggested reading for students and teachers of international economics.
More details
Language
English
Place of publication
New Delhi
India
Target group
Professional and scholarly
Dimensions
Height: 241 mm
Width: 185 mm
Thickness: 33 mm
Weight
826 gr
ISBN-13
978-0-19-807976-7 (9780198079767)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
Rajat Acharyya is Professor, Department of Economics, Jadavpur University, Kolkata.
Content
LIST OF TABLES ; FIGURES, AND BOXES ; PREFACE ; INTRODUCTION ; PART I: BASIS AND GAINS FROM INTER-INDUSTRY TRADE ; 1. BASIS OF INTER-INDUSTRY TRADE ; 2. GAINS FROM TRADE ; 3. COMPARATIVE ADVANTAGE AND GAINS FROM TRADE ; 4. INTERNATIONAL EQUILIBRIUM AND THE TERMS OF TRADE ; PART II: THEORIES OF COMPARATIVE ADVANTAGE AND PATTERNS OF TRADE ; 5. TECHNOLOGY AND TRADE ; 6. FACTOR ENDOWMENT AND TRADE ; 7. DIGRESSIONS ON FACTOR ENDOWMENT THEORY AND TRADE EMPIRICS ; PART III: BASIS AND GAINS FROM INTRA-INDUSTRY TRADE ; 8. THEORIES OF INTRA-INDUSTRY TRADE ; PART IV: TRADE INTERVENTION AND COORDINATION ; 9. IMPORT TARIFF AND EXPORT SUBSIDIES ; 10. QUANTITATIVE RESTRICTIONS, NON-TARIFF BARRIERS, AND EQUIVALENCE ; 11. MARKET IMPERFECTION AND TRADE POLICY ; 12. POLITICAL ECONOMY AND TRADE POLICY ; 13. MARKET FAILURE, DISTORTIONS, AND TRADE POLICY ; 14. MULTILATERALISM AND REGIONALISM ; PART V: INPUT TRADE, SERVICES, AND GROWTH ; 15. TRADE, GROWTH, AND INCLUSION ; 16. FACTOR TRADE, FOREIGN CAPITAL FLOW AND MIGRATION ; 17. SERVICES TRADE ; PART VI: STANDARDS, REGULATIONS, AND MULTILATERAL TRADE AGREEMENTS ; 18. PRODUCT STANDARDS, REGULATIONS, AND TRADE ; 19. WORLD TRADE ORGANIZATION AND TRADE AGREEMENTS ; PART VII: THEORY OF BALANCE OF PAYMENTS AND OPEN ECONOMY MACROECONOMICS ; 20. BALANCE OF PAYMENTS AND NATIONAL INCOME ACCOUNTING ; 21. NATIONAL INCOME AND CURRENT ACCOUNT BALANCE: THE INCOME APPROACH ; 22. INTERNATIONAL CURRENCY SYSTEMS AND EXCHANGE RATE REGIMES ; 23. BOP ADJUSTMENT POLICIES IN A PEGGED EXCHANGE RATE REGIME ; 24. MONEY, PRICE, AND EXCHANGE RATE ; 25. CURRENCY REGIMES REVISITED ; GLOSSARY OF INTERNATIONAL AGENCIES ; INDEX ; ABOUT THE AUTHOR