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Real Adjustment Processes Under Floating Exchange Rates (Studies in International Economics & Institutions) - Tapa dura
Reseña del editor
Helmut Schneider 1. The Formulation of the Research Programme 1. In the late sixties the acceleration of US inflation revived the discussion of the fifties about the superiority of flexible exchange rates: The US balance of payments deteriorated since 1965, the dollar shortage after World War II changed to a dollar surplus. The import of US inflation by their main trading partners intensified political pressures so that at the beginning of the seventies most leading countries decided, contrary to the rules of the Bretton Woods agreement, to stop their intervention in the market for foreign exchange and to let the exchange rates be determined by market forces. It is worthwhile recalling that at that time one had only very limited experience with the regime of flexible exchange rates: The most important case, the floating of Canadian against the US dollar, could not be generalized to a world where nearly all important countries adhered to the regime of flexible exchange rates. ! - But one really had rich experience with destabilizing capital flows (or "hot money") that forced monetary authorities to adjust exchange rates in a system of managed flexibility to the expecta tions of "speculators".
Reseña del editor
This book deals with adjustment problems in economies when exchange rates and terms of trade are flexible. New technologies and new resources lead to changes which are favorable to some and unfavorable to other industries (depending in part on the importcontent of their products) as to the changing environment. Responses of particular firms not only involve prices and outputs, but also new techniques, investments, productlines, and marketing efforts. Public policy responses have in effect recently taken the form of non-tariff barriers, which can have undesired effects. The contributions of this volume deal with adjustment strategies of firms and of public policy. It is shown that capital mobility creates instability problems, but also eases the adjustment to new situations.
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- EditorialSpringer-Verlag Berlin and Heidelberg GmbH & Co. K
- Año de publicación1990
- ISBN 10 3540525912
- ISBN 13 9783540525912
- EncuadernaciónTapa dura
- IdiomaInglés
- Número de páginas308
- EditorGehrels Franz, Herberg Horst, Schneider Helmut, Vosgerau Hans-Jurgen
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Real adjustment processes under floating exchange rates. Studies in international economics and institutions;
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Berlin ; Heidelberg ; New York ; London ; Paris ; Tokyo ; Hong Kong ; Barcelona : Springer, 1990
ISBN 10: 3540525912
ISBN 13: 9783540525912
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Librería: books4less (Versandantiquariat Petra Gros GmbH & Co. KG), Welling, Alemania
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gebundene Ausgabe. Condición: Gut. 302 Seiten; Das hier angebotene Buch stammt aus einer teilaufgelösten wissenschaftlichen Bibliothek und trägt die entsprechenden Kennzeichnungen (Rückenschild, Instituts-Stempel.); leichte altersbedingte Anbräunung des Papiers; der Buchzustand ist ansonsten ordentlich und dem Alter entsprechend gut. Einbandkanten sind leicht bestoßen. In ENGLISCHER Sprache. Sprache: Englisch Gewicht in Gramm: 620. Nº de ref. del artículo: 1823528
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Real adjustment processes under floating exchange rates.
Publicado por
Springer-Verlag, 1990
ISBN 10: 3540525912
ISBN 13: 9783540525912
Antiguo o usado
Tapa dura
Librería: Antiquariat Bookfarm, Löbnitz, Alemania
Calificación del vendedor: 5 de 5 estrellas
Hardcover. Ehem. Bibliotheksexemplar mit Signatur und Stempel. GUTER Zustand, ein paar Gebrauchsspuren. Ex-library with stamp and library-signature. GOOD condition, some traces of use. hb 514 3540525912 Sprache: Englisch Gewicht in Gramm: 550. Nº de ref. del artículo: 2212085
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Real Adjustment Processes under Floating Exchange Rates (Studies in International Economics and Institutions)
Librería: Book House in Dinkytown, IOBA, Minneapolis, MN, Estados Unidos de America
Calificación del vendedor: 5 de 5 estrellas
Hardcover. Condición: Very Good. Very good hardcover with very good text. Exterior has light bumping and staining; otherwise very good. Ships from Dinkytown in Minneapolis, Minnesota. Nº de ref. del artículo: 277259
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Real Adjustment Processes under Floating Exchange Rates (Studies in Internationa
Librería: Die Buchgeister, Ludwigsburg, BW, Alemania
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Gebundene Ausgabe. Condición: Gut. Aufl. 1990, Bibliotheksexemplar * Einband: stärker abgerieben, Buchdeckelinnenseite beschädigt * Schnitt: leicht nachgedunkelt, wenige Flecken * Seiten: wie ungelesen, leicht nachgedunkelt. Nº de ref. del artículo: AN-KE21-D5T7
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