Boom, Crisis, and Adjustment reviews the macroeconomic experiences of eighteen developing countries from 1974 to 1989. The authors address why the experiences and policy reactions have differed among the countries, and how their individual growth rates were affected by these policy reactions.

Boom, Crisis, and Adjustment: The Macroeconomic Experience of Developing Countries (A World Bank Book)

Business & Money

Corden, W. Max

Rajapatirana, Sarath

Cooper, Richard N.

LITTLE, I.M.D.

Economics

Oxford University Press

Trade Policy and Economic Welfare

The second edition of this classic text on international economics has been substantially revised and updated to take account of the considerable activity in this field over the last two decades. Three new chapters discuss trade policy and the environment, stategic trade policy, and trade policy and the exchange rate. Corden also analyzes in detail the many arguments for protection.

International

Clarendon Press

In an outstanding account of exchange rates in the international monetary system, W. Max Corden considers the essential issues in international macroeconomics. The author takes as his model the macroeconomic situation of a country with an open economy, and explains the effects of domestic fiscal and monetary macroeconomic policy on exchange rates. He clearly analyses the choices faced by governments attempting to manage both the domestic inflation rate and the external exchange rate and current account balance. Professor Corden then discusses the European Exchange Rate mechanism, and provides a sceptical analysis of the possibilities for monetary union in Europe, and for international policy coordination in general. He gives equal weight to discussion of the present U.S.-centred international monetary system outside the E.R.M., and combines theoretical models with an account of the actual determination of floating exchange rates. Although the book itself is orientated towards monetary rather than trade issues, the author discusses two topical issues: the role of protectionist policies, and the idea of competitiveness. Finally, he looks at the future of the international monetary system and the series of current reform proposals. Students will find this book useful because the author covers essential issues lucidly and authoritatively. The exposition is entirely non-mathematical. Postgraduate students and academics will be interested since Corden is a distinguished writer on international trade and policy, and his arguments are powerfully presented. New to this edition: This is a revised and expanded edition of a previous book by Corden, Inflation, Exchange Rates and the World Economy, the third edition of which was published in 1985. In this new book, Professor Corden has fully rewritten the text, but retains the discursive, informal, reader-friendly style of the earlier editions. In this new edition, Professor Corde

Economic Policy, Exchange Rates and the International System

Oxford University Press Disc

The second edition of this classic text on international economics has been substantially revised and updated to take account of the considerable activity in this field over the last two decades. Three new chapters discuss trade policy and the environment, strategic trade policy, and trade policy and the exchange rate. Corden also analyzes in detail the many arguments for protection.

The previous editions of this work were praised as lucid and insightful introductions to a complicated subject. This third edition incorporates major additions to update the survey while retaining its clarity. Selected from the second edition are essential chapters on developments in balance-of-payments theories, inflation and exchange rates, the international adjustment to the oil price rise, and monetary integration in Europe. In three new chapters, Corden considers the international transmission of economic disturbances, the international macrosystem, and macroeconomic policy coordination.

Inflation, Exchange Rates, and the World Economy: Lectures on International Monetary Economics (Studies in Business and Society)

University of Chicago Press

An ambitious successor to W. Max Corden's highly acclaimed Inflation, Exchange Rates, and the World Economy, this book addresses topics ininternational macroeconomics that have come to the forefront of economicpolicy debates in recent years. Covering exchange rate policy, theEuropean Monetary System, protection and competition, and theinternational "non-system" since the collapse of Bretton Woods, Cordenprovides a probing analysis of significant economic trends associatedwith the increasing integration of the world capital market.Beginning with essays on exchange rate policy, the current account, andexternal effects of fiscal policy, Corden lays out the foundations ofbalance-of-payments theory in relation to wage rates, incomedistribution, and inflation. Chapters on the European Monetary Systemfocus on monetary integration and look skeptically at European proposalsto move toward monetary union. Other topical essays discuss the"competitiveness" problem and the relation between protection andmacroeconomic policy.Corden summarizes and clarifies a vast range of work on the coordinationof macroeconomic policies and critically reviews various proposals forreforming the international monetary system.

Economic Policy, Exchange Rates, and the International System

An ambitious successor to W. Max Corden's highly acclaimed Inflation, Exchange Rates, and the World Economy, this book addresses topics in international macroeconomics that have come to the forefront of economic policy debates in recent years. Covering exchange rate policy, the European Monetary System, protection and competition, and the international "non-system" since the collapse of Bretton Woods, Corden provides a probing analysis of significant economic trends associated with the increasing integration of the world capital market. Beginning with essays on exchange rate policy, the current account, and external effects of fiscal policy, Corden lays out the foundations of balance-of-payments theory in relation to wage rates, income distribution, and inflation. Chapters on the European Monetary System focus on monetary integration and look skeptically at European proposals to move toward monetary union. Other topical essays discuss the "competitiveness" problem and the relation between protection and macroeconomic policy. Corden summarizes and clarifies a vast range of work on the coordination of macroeconomic policies and critically reviews various proposals for reforming the international monetary system.

Most of the literature on exchange rate regimes has focused on the developed countries. Since the recent crises in emerging markets, however, attention has shifted to the choice of exchange rate regimes for developing countries, especially those that are more integrated into the world capital markets. In Too Sensational, W. Max Corden presents a systematic and accessible overview of the choice of exchange rate regimes. Reviewing many types of regimes, he shows how the choice of an exchange rate regime is related to both fiscal policy and trade policy.Building on the theory of optimum currency areas, Corden develops an analytic framework of three approaches (nominal anchor, real targets, and exchange rate stability) and three polar exchange rate regimes (absolutely fixed, pure floating, and fixed but adjustable). He considers all other regimes to be mixtures of two or three of the polar regimes.Beginning with theory and later turning to case studies of countries in Asia, Europe, and Latin America, Corden focuses on how economies react to negative and positive shocks under various exchange rate regimes. He examines in particular the Asian and Latin American currency crises of the 1990s. He concludes that although "too sensational" crises have discredited fixed but adjustable regimes, the extremes of absolutely fixed regimes or pure floating regimes need not be chosen.

Too Sensational: On The Choice Of Exchange Rate Regimes (Ohlin Lecture Series)

Mit Pr

Protection, Growth, and Trade: Essays in International Economics

Blackwell Pub.

Protection and Liberalization a Review of Analytical Issues (Occasional Papers No. 54)

Intl Monetary Fund

See the best price to sell, buy, or rent books by Corden, W. Max. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Corden, W. Max

See the best price to sell, buy, or rent books by Corden, W. Max. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Boom, Crisis, and Adjustment: The Macroeconomic Experience of Developing Countries (A World Bank Book)

Trade Policy and Economic Welfare

Economic Policy, Exchange Rates and the International System

Trade Policy and Economic Welfare

Inflation, Exchange Rates, and the World Economy: Lectures on International Monetary Economics (Studies in Business and Society)

Economic Policy, Exchange Rates, and the International System

Economic Policy, Exchange Rates, and the International System

Too Sensational: On The Choice Of Exchange Rate Regimes (Ohlin Lecture Series)

Protection, Growth, and Trade: Essays in International Economics

Protection and Liberalization a Review of Analytical Issues (Occasional Papers No. 54)