Foundations of International Economics

Foundations of International Economics

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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, Equation (3.25) represents the working of the Hicks super-multiplier. ... a growth in a#39;autonomousa#39; expenditure given by: (3.26) If autonomous expenditure does not grow as fast as the rate implied by equation (3.25), then the growth of output willanbsp;...

Title:Foundations of International Economics
Author:Johan Deprez, John T. Harvey
Publisher:Routledge - 2002-01-04


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