The Political Economy Of International Organizations: A Public Choice Approach

Business & Money

Willett, Thomas D

Vaubel, Roland

Economics

Routledge

This title was formally part of the Studies in International Trade Policy Series, now called Studies in International Economics.

International Trade Policies: Gains from Exchange Between Economics and Political Science (Studies in International Trade Policy)

Odell, John S.

Univ of Michigan Pr

With the collapse of the former Soviet Union, many countries were faced with the need to establish national currencies. A number of additional formerly communist countries were forced to fundamentally adjust their monetray policies to deal with the transition to market-oriented economies. The process of liberalization in dozens of developing countrys left their governments faced with similar, if lesser, challenges. International financial crises in Bulgaria, the Czech Republic and Russia in Europe, Argentina and Mexico in Latin America, and Indonesia, Malaysia, the Philippines and Thailand in Asia have made front-page news in the last several years. These crises vividly illustrate the costs of inconsistencies between the domestic and international aspects of national financial policies.This volume deals with the most important international aspect of these challenges to national monetray policies in emerging market economies—the choice of exchange rate regime. A distinguished group of Western economists and Central European economists and officials review the recent experiences and the former communist and many developing countries and discuss the major lessons to be drawn.

Exchange-rate Policies For Emerging Market Economies (Political Economy of Global Interdependence)

Wihlborg, Clas

Sweeney, Richard J.

Westview Press

An assessment of the political economy of international organizations and the role they play in the world economy. The book aims to advance the understanding of the behaviour of some of the most influential organizations of our time.

The Political Economy Of International Organizations: A Public Choice Approach (Political Economy of Global Interdependence)

EDITORS

There has been fierce debate about the optimal sequencing of economic reforms in emerging market economics. Many economists argue that for market-oriented systems to operate effectively, a reasonable degree of monetary stability is necessary. Rampant inflation, a common challenge for emerging economies, greatly reduces the chances that market-oriented reforms will be successful. In this comprehensive volume, a group of policy-oriented economists from North America, Europe, and the former Soviet Union explore the causes of monetary instability in reforming economies and evaluate alternative institutional mechanisms designed to reduce inflationary pressures. Considering the latest theoretical and empirical researchas well as the experiences of former Communist countries, including Russia and the erstwhile Soviet republics - the contributors view inflation as a political issue and make a case for the creation of strong political institutions. They argue that although government actions that stimulate inflation tend to have low costs or even benefits in the short run, they impose heavy costs on the economy in the longer term. Consequently, there is a strong need to develop institutional mechanisms to help ensure that decisionmakers place appropriate emphasis on the long-run consequences of policy actions.

Establishing Monetary Stability In Emerging Market Economies (Political Economy of Global Interdependence)

Burdekin, Richard

Floating exchange rates and international monetary reform (Studies in economic policy)

Politics & Social Sciences

Politics & Government

American Enterprise Institute for Public Policy Research

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