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Peter B. Kenen
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Chapters in this book
- Frontmatter i
- Contents v
- Preface vii
- Acknowledgments xvi
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I . Trade, Tariffs, And Welfare
- Nature, Capital, and Trade 5
- Toward a More General Theory of Capital and Trade 29
- Distribution, Demand, and Equilibrium in International Trade: A Diagrammatic Analysis 53
- On the Geometry of Welfare Economics: A Suggested Diagrammatic Treatment of Some Basic Propositions 62
- A Note on Tariff Changes and World Welfare 84
- Migration, the Terms of Trade, and Economic Welfare in the Source Country 90
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II. International Monetary Theory And Policy
- International Liquidity and the Balance of Payments of a Reserve-Currency Country 115
- The Demand for International Reserves 130
- Toward a Supranational Monetary System 145
- The Theory of Optimum Currency Areas: An Eclectic View 163
- Trade, Speculation, and the Forward Exchange Rate 183
- Floats, Glides, and Indicators: A Comparison of Methods for Changing Exchange Rates 210
- Portfolio Adjustment in Open Economies: A Comparison of Alternative Specifications 255
- New Views of Exchange Rates and Old Views of Policy 294
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III. Monetary Reform And The Dollar
- International Liquidity: The Next Steps 305
- Financing and Adjustment: The Carrot and the Stick 314
- The International Position of the Dollar in a Changing World 319
- Convertibility and Consolidation: A Survey of Options for Reform 333
- After Nairobi—beware the rhinopotamus 343
- Reforming the monetary system— you can't get there from here 350
- International Monetary Relations after Jamaica: An Overall View 359
- Techniques to Control International Reserves 367
- Debt Relief as Development Assistance 388
- Index 417
Chapters in this book
- Frontmatter i
- Contents v
- Preface vii
- Acknowledgments xvi
-
I . Trade, Tariffs, And Welfare
- Nature, Capital, and Trade 5
- Toward a More General Theory of Capital and Trade 29
- Distribution, Demand, and Equilibrium in International Trade: A Diagrammatic Analysis 53
- On the Geometry of Welfare Economics: A Suggested Diagrammatic Treatment of Some Basic Propositions 62
- A Note on Tariff Changes and World Welfare 84
- Migration, the Terms of Trade, and Economic Welfare in the Source Country 90
-
II. International Monetary Theory And Policy
- International Liquidity and the Balance of Payments of a Reserve-Currency Country 115
- The Demand for International Reserves 130
- Toward a Supranational Monetary System 145
- The Theory of Optimum Currency Areas: An Eclectic View 163
- Trade, Speculation, and the Forward Exchange Rate 183
- Floats, Glides, and Indicators: A Comparison of Methods for Changing Exchange Rates 210
- Portfolio Adjustment in Open Economies: A Comparison of Alternative Specifications 255
- New Views of Exchange Rates and Old Views of Policy 294
-
III. Monetary Reform And The Dollar
- International Liquidity: The Next Steps 305
- Financing and Adjustment: The Carrot and the Stick 314
- The International Position of the Dollar in a Changing World 319
- Convertibility and Consolidation: A Survey of Options for Reform 333
- After Nairobi—beware the rhinopotamus 343
- Reforming the monetary system— you can't get there from here 350
- International Monetary Relations after Jamaica: An Overall View 359
- Techniques to Control International Reserves 367
- Debt Relief as Development Assistance 388
- Index 417