Foundations of International Economics: Post-Keynesian PerspectivesJohan Deprez, John T. Harvey This unique collection presents a Post-Keynesian perspective on international economics and trade. All the major areas in international economics are covered, with the Post-Keynesian approach giving a welcome fresh perspective. The book is divided into five main sections: * foreign trade * open economy * international payments systems * exchange rate determination * development. Unavailable elsewhere, the readings present original, state-of-the-art research by leading Post-Keynesian scholars. Contributors include: Philip Arestis, Robert Blecker, Paul Davidson, Sheila Dow, Bruce Elmslie, Ilene Grabel John McCombie Eleni Paliginis, A.P. Thirlwall L. Randall Wray Johan Deprez, John T. Harvey, |
Contents
Section 18 | |
Section 19 | |
Section 20 | |
Section 21 | |
Section 22 | |
Section 23 | |
Section 24 | |
Section 25 | |
Section 9 | |
Section 10 | |
Section 11 | |
Section 12 | |
Section 13 | |
Section 14 | |
Section 15 | |
Section 16 | |
Section 17 | |
Section 26 | |
Section 27 | |
Section 28 | |
Section 29 | |
Section 30 | |
Section 31 | |
Section 32 | |
Section 33 | |
Section 34 | |
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Common terms and phrases
absolute advantage adjustment aggregate supply Arestis argued assets assumed balance of payments balance-of-payments constraint bancor capital flows cent central bank changes closed economy commodity commodity money costs country’s crisis Davidson debt demand function depreciation determined devaluation developing countries dynamic economists Edward Elgar effect elasticity of demand equation equilibrium growth rate example exports financial markets firms fixed exchange rate flexible exchange rates Fordism foreign currency foreign exchange foreign exchange market foreign trade multiplier gap theory global Harrod imports income elasticity increase industry inflation interest rates international competition international financial international money international trade investors issue Kalecki Keynes labor liabilities liquidity preference macroeconomic mark-up Mexican Mexico national income neoclassical OECD open economy output peripheral problems production profit rate of growth relative prices reserves role sector speculative surplus technology gap theory Tobin tax trade balance trade flows unit of account variable wage