Product Description: This interesting and provocative collection of essays addresses most if not all of the key current policy issues in open economy macroeconomics: the strong dollar, LDC debt problems, and deficit financing. Although these three areas involve widely different policy problems, Dornbusch brings a common political economy perspective to bear on the issues, giving the essays a coherent perspective and revealing that more than ever, modern macroeconomics is useful as a framework for active policy...read more

Product Description: These papers by leading experts analyze and evaluate the performance of Britain's economy over the last fifteen years. The contributors trace the history, causes, and outcome of developments surrounding monetary and fiscal policy, North Sea oil, EEC membership, labor markets, privatization and the nationalized industries, and the welfare state...read more

This important book is a teaching manual, written in nontechnical language, on policymaking in developing countries. Written at the request of the Economic Development Institute of the World Bank, the papers focus on policy instruments, their use and constraints, and provide case studies of economic policy in Argentina, Brazil, Indonesia, Korea, and Mexico to illustrate basic problems and possible solutions.

Rudiger Dornbusch's articles on exchange rates and open economy macroeconomics are among the most frequently cited in the field of international economics. Collected for the first time in Exchange Rates and Inflation, these articles, written over the past fifteen years, cover a wide range of issues while providing unique insights into the research style of a major economist. During this period the economics profession has shifted from global monetarism to the new classical economics, and Dornbusch's own interests, and some of his beliefs, have changed as well. Twenty two articles are gathered in four parts: Exchange Rate Theory; Special Topics in Exchange Rate Economics; Equilibrium Real Exchange Rates, and Inflation and Stabilization. Each part includes an introduction that discusses the essays and places them in context.

Product Description: In this collection of essays, 12 international economists analyze every government since Peron's first presidency, including the latest military administrations. The appraisal of the first Peronist period (1946-55) is originally revisionist, while the ambitious aims of the "Revolucion Libertadora", which overthrew Peron, are shown as neither liberal nor liberating...read more

Global warming is debated largely in environmental terms. The contributions in this book focus instead on the economic effects of global warming, providing an excellent summary of current thinking on this important issue. They raise such crucial questions as: Which countries will suffer the most from climate change? What economic initiatives could be adopted to reduce carbon dioxide emissions and chlorofluorocarbons? How will different nations fare under various proposals? What are the prospects for international cooperation?ContentsIs There a Global Warming Problem? Andrew R. SolowEconomic Approaches to Greenhouse Warming, William D. NordhausTax Policy to Combat Global Warming: On Designing a Carbon Tax, James M. PoterbaTechnological Substitution Options for Controlling Greenhouse Gas Emissions, David W. PearceEconomic Responses to Climate Change: A European Perspective, Emilio GerelliEconomic Responses to Global Warming/International Burden Sharing and Coordination: Prospects for Cooperative Approaches to Global Warming, T.C. SchellingThe International Incidence of Carbon Taxes, John WhalleyGlobal Warming InitiativesThe Pacific Rim, Hirofumi UzawaOptional for Slowing Amazon Jungle-Clearing, Eustaquio Reis and Sergio MargulisDiscussantsLars Bergman, William R. Cline, Peter Diamond, Lester B. Lave, Alan Manne, John P. Martin, Thorvald Moe, David M. Newbery, Norman J. Rosenberg, Lutz Wicke, Gerrit Zalm

Product Description: A collection of essays on economic policy in the open economy. If a country is opening up its economy, that is, allowing its domestic production to become competitive with that of the rest of the world, how do policy choices critically influence its economic performance? This book highlights the choices that can be made in several areas: monetary policy, exchange-rate policy, financial reform, protection, tax reform, and foreign capital...read more

Product Description: The breakup of the Soviet Union and the consequent extraordinary problems faced by Eastern European nations raise pressing economic questions. The case studies in this book examine significant parallels between the situation in Eastern Europe today and the issues facing Europe and Japan after World War II, offering insights on what kinds of policy actions will be most effective in this difficult period of reconstruction...read more

Product Description: Should countries in Latin America and Eastern Europe follow the Chilean approach to economic restructuring, market liberalization, and stabilization? Following years of hyperinflation and domestic turmoil, Chile undertook a series of dramatic economic reforms...read more