International Economic Interdependence, Patterns of Trade Balances and Economic Policy Coordination

Preface - Introduction and Major Conclusions, E.S.Phelps - Trade Balance Patterns as Global General Equilibrium: The Seventeenth Approach to the Balance of Payments, R.Mundell - PART 1: DOMESTIC ECONOMIC POLICY AND TRADE BALANCE - The Real Exchange Rate Under Alternative Nominal Exchange Rate Regimes, E-M.Claassen - The Economic Effects of Expected Fiscal Policy in Small Open Economies, J.Schr der - The 'Pass-Through Puzzle': The Missing Prince from Hamlet, J.N.Bhagwati - PART 2: INTERDEPENDENCE BETWEEN AREAS AND BALANCES OF PAYMENTS - International Economic Interdependence and Trade Balances, L.Paganetto - A Framework to Develop Measures of Interdependence and Protectionism, P.L.Scandizzo - North-North and North-South Debt Crises and the Role of Trade Adjustments, P.C.Padoan - Latin-American Debt, US Role in the Transmission of North-South Linkages and World Trade, C.W.Reynolds - The Unified European Market and Trade with Latin America: Emargination or Development?, M.Bagella - PART 3: MARKETS, MONETARY AND FISCAL POLICY, INTERDEPENDENCE AND INTERNATIONAL COORDINATION OF ECONOMIC POLICIES - Exchange-Rate Regimes and the Desirability of International Cooperation, C.Carraro & F.Giavazzi - Prices and Exchange Rates: What Theory Needs to Explain, A.Giovannini - International Economic Coordination from Bretton Woods to the G5/G7 Meetings of the 80s, A.Colombo - International Economic Interdependence and World Income Distribution, G.Palmerio - Evaluation or Actual Mechanisms Worked for External Adjustments, 1985-1988, M.Yoshitomi - Cooperation in Managing the Dollar, 1985-1987: Interventions in Foreign Exchange Markets and Interest Rates, E.Gaiotti, P.Giucca & S.Micossi - EMS Membership under Real Exchange Rate Appreciation: Recent Trends in Italian Trade, R.de Luzenberger & C.Imbriani - Deficit and Surplus Forever?, S.Marris - Index... Mehr