Research Catalog
The new transatlantic economy
- Title
- The new transatlantic economy / edited by Matthew B. Canzoneri, Wilfred J. Ethier and Vittorio Grilli.
- Publication
- Cambridge [England] : Cambridge University Press, 1996.
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Status | Format | Access | Call Number | Item Location |
---|---|---|---|---|
Text | Request in advance | HF1456.5.E8 N49 1996g | Off-site |
Holdings
Details
- Additional Authors
- Description
- xxi, 327 pages : illustrations; 24 cm
- Summary
- Transatlantic economic relations are dominated by three factors which are of major historical significance. The first and most important is the multilateral process for trade liberalization, deregulation of financial markets, and macro-economic policy coordination. The second factor is a transatlantic environment of national and regional idiosyncracies exemplified by protectionist initiatives, a significant weakening of the EMS, and changes in central bank statutes.
- The second factor is in part a political backlash against the first. The third factor affecting transatlantic economic relations is of course the emergence of regional economic relationships within the transatlantic economy, and a treaty calling for a common currency in Europe. In this volume, specialists in international trade, international finance, and political economy analyse the cause of these three factors, and their implications.
- Subjects
- Bibliography (note)
- Includes bibliographical references and index.
- Contents
- 1. Introduction / Matthew B. Canzoneri, Wilfred J. Ethier and Vittorio Grilli -- 2. Transatlantic policy coordination with sticky labour markets: the reality of the real side / Andrew Hughes Hallett and Yue Ma -- Discussion / Nouriel Roubini -- 3. Foreign exchange intervention and international policy coordination: comparing the G3 and EMS experience / Axel A. Weber -- Discussion / Joseph Gagnon -- 4. Trading blocs and the sustainability of interregional cooperation / Eric Bond and Constantinos Syropoulos -- Discussion / Konstantine Gatsios -- 5. The effects of trade liberalization on the members of a trading bloc: a lumpy country analysis / Alan V. Deardorff -- Discussion / L. Alan Winters -- 6. The increased importance of direct investment in North Atlantic economic relationships: a convergence hypothesis / James R. Markusen and Anthony J. Venables -- Discussion / Alasdair Smith --
- 7. Speculative attacks on pegged exchange rates: an empirical exploration with special reference to the European Monetary System / Barry Eichengreen, Andrew K. Rose and Charles Wyplosz -- Discussion / Robert E. Cumby and Robert P. Flood -- 8. Central banks and reputation: some transatlantic contrasts / Ben Lockwood, Marcus Miller and Lei Zhang -- Discussion / Stanley W. Black -- 9. Trade liberalization and trade adjustment assistance / K. C. Fung and Robert W. Staiger -- Discussion / Constantinos Syropoulos -- 10. Trade liberalization as politically optimal exchange of market access / Arye L. Hillman and Peter Moser -- Discussion / Martin Richardson.
- ISBN
- 0521562058
- OCLC
- ocm36046317
- Owning Institutions
- Columbia University Libraries