The Evolving International Economy

✍ Scribed by Graciela Chichilnisky, Geoffrey M. Heal

• Publisher: Cambridge University Press
• Year: 1986
• Tongue: English
• Leaves: 165
• Category: Library

✦ Synopsis

This book focuses on the main issues of trade and development, and on the attainment of the major development goals generally espoused in the international community: rapid development in the Third World, sustained economic expansion in the industrial countries and the eradication of deep inequalities and of extreme poverty. It consists of four parts. The first three give an overall analysis of the world economy, with commentary and conclusions on major issues of trade and development. The fourth part provides the intuitive basis for the main results within the context of the formal models, and rigorous proofs are found in the references given to the technical literature. The analysis is descriptive, focusing on the particulars of market behaviour and tracing the ways in which markets respond to policies, in the belief that policies cannot be viewed in a vacuum, but must be confronted with the responses of the market. The interplay of domestic policies and international markets is a main feature of the authors' analysis.

✦ Table of Contents

Cover......Page 1
Frontmatter......Page 2
Contents......Page 6
Preface......Page 8
1 - Introduction......Page 10
Part I - Industrial economies and the international market......Page 16
2 - Domestic policy issues......Page 18
3 - Protectionism and the management of trade......Page 32
Part II - The role of developing countries......Page 46
4 - Export strategies......Page 48
5 - Armaments and North--South trade......Page 74
6 - Aid, trade, and debt......Page 82
7 - Resources and North--South trade......Page 97
Part III - Summary......Page 112
8 - The evolving world economy......Page 114
Part IV - Theoretical background......Page 120
9 - Adjustment, stability, and returns to scale......Page 122
10 - Large-scale technologies and patterns of trade......Page 131
11 - North -- South trade and export policies......Page 145
12 - Aid and transfers......Page 159