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The International Economy

Author

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  • Kenen,Peter B.

Abstract

This text is a rigorous introduction to international economics for upper-level undergraduates and above. The first half examines the causes and effects of international trade, how tariffs and other trade policies affect the gains from trade, and the ways in which governments try collectively to regulate those policies. The second half deals with monetary matters - the behavior of exchange rates, how trade and capital flows affect the functioning of monetary and fiscal policies, the causes and management of currency crises, and the new European Monetary Union (EMU). This fourth edition assesses the outcome of the Uruguay Round of trade negotiations, the work of the new World Trade Organization (WTO), and the challenges posed by regional trade blocs. It surveys recent theoretical work on currency crisis, examines recent crises in emerging-market countries and the role of the International Monetary Fund (IMF), and appraises innovations in exchange-rate arrangements, including the EMU and the use of currency boards by emerging-market countries. A problem set follows each chapter.

Suggested Citation

  • Kenen,Peter B., 2000. "The International Economy," Cambridge Books, Cambridge University Press, number 9780521644358, September.
    • Handle: RePEc:cup:cbooks:9780521644358
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    Cited by:

    1. Wu, Thomas, 2006. "Order Flow in the South: Anatomy of the Brazilian FX Market," Santa Cruz Center for International Economics, Working Paper Series qt1k2250wj, Center for International Economics, UC Santa Cruz.
    2. Uwe Dulleck, 2005. "WTO's Anti-dumping Rule and the Protection of Incumbents," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 14(2), pages 229-239.
    3. Nedelescu-Ionescu Daniela & Rujan Ovidiu, 2013. "Eu Advancement Within The World Trade: An Overview Of The Last Years," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 131-138, July.
    4. Manmohan Agarwal, 2017. "The Operation of the Gold Standard in the Core and the Periphery Before the First World War," Working Papers id:12074, eSocialSciences.
    5. Vadim Napalkov & Anna Novak & Andrey Shulgin, 2021. "Variations in the Effects of a Single Monetary Policy: The Case of Russian Regions," Russian Journal of Money and Finance, Bank of Russia, vol. 80(1), pages 3-45, March.
    6. Müller-Plantenberg, Nikolas, 2012. "Long swings in Japan’s current account and in the yen," Working Papers in Economic Theory 2012/08, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    7. Emilian M. DOBRESCU & Edith-Mihaela DOBRE & Andrey PYATAKOV, 2013. "Evolution Of The Phenomenon Integration In Latin America (South America)," THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES, Gheorghe Zane Institute for Economic and Social Research ( from THE ROMANIAN ACADEMY, JASSY BRANCH), vol. 22(1), pages 11-16.
    8. Yihui Lan, 2003. "The Long-Term Behaviour of Exchange Rates, Part I: Introduction," Economics Discussion / Working Papers 03-05, The University of Western Australia, Department of Economics.
    9. Manmohan Agarwal & Vandana T. R., 2021. "Exchange Rate Crises: Experiences of Latin America, East Asia and India," South Asian Journal of Macroeconomics and Public Finance, , vol. 10(2), pages 158-178, December.
    10. Reinhard Schumacher, 2013. "Deconstructing the Theory of Comparative Advantage," World Economic Review, World Economics Association, vol. 2013(2), pages 1-83, February.
    11. Agarwal, Manmohan & Whalley, John, 2013. "The 1991 Reforms, Indian Economic Growth, and Social Progress," CAGE Online Working Paper Series 128, Competitive Advantage in the Global Economy (CAGE).
    12. Carlos Cortinhas, 2007. "Intra-industry trade and business cycles in ASEAN," Applied Economics, Taylor & Francis Journals, vol. 39(7), pages 893-902.
    13. Iván, Gábor, 2006. "Az Európai Unió pénzügyi keretterve 2007-2013-ra - az infúzió bekötve [The EU financial perspective for 2007 to 2013 - infusion attached]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 428-451.
    14. Kırca, Mustafa & Karagöl, Veysel, 2019. "Symmetric and asymmetric causality between current account balance and oil prices: The case of BRICS-T," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 56, pages 25-44.
    15. Somesh Kumar Mathur & Surendra Babu, 2014. "Modelling & Forecasting of Re/$ Exchange rate – An empirical analysis," 2nd International Conference on Energy, Regional Integration and Socio-Economic Development 7741, EcoMod.
    16. Yemi Meroyi, 2016. "Comparative Analysis of Impact of Trade Liberalization on Employment Generation during the Military and Civilian Regimes in Nigeria (1980-2012)," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(11), pages 110-134, November.
    17. Uwe Dulleck, 2005. "WTO's Anti-dumping Rule and the Protection of Incumbents," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 14(2), pages 229-239.
    18. World Bank, 2011. "Turkey - Country Economic Memorandum (CEM) : Sustaining High Growth - The Role of Domestic savings : Synthesis Report," World Bank Publications - Reports 12264, The World Bank Group.
    19. Manmohan Agarwal & John Whalley, 2013. "The 1991 Reforms, Indian Economic Growth, and Social Progress," NBER Working Papers 19024, National Bureau of Economic Research, Inc.
    20. Achy, Lahcen, 2001. "Equilibrium exchange rate and misalignment In selected MENA countries," MPRA Paper 4799, University Library of Munich, Germany, revised 2001.

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