Edited by
G.M. Grossman, Princeton University, Princeton, NJ, USA
Kenneth Rogoff, Harvard University, Cambridge, MA, USA
Description
Up-to-date surveys of all major research areas in international trade and international finance are presented in this volume. The chapters
have a high standard of exposition, delivering ideas at the forefront of the field in a clear readable fashion. The volume has a good
overall balance of theoretical and empirical coverage.
The trade side of the volume surveys theoretical work on trade based on scale
economics and imperfect competition, the relationship between trade and technological progress, strategic trade policy, the political
economy of trade policy, and the rules and institutions of international trade, as well as empirical work on trade patterns, trade policies,
and regional integration. The finance side covers topics such as exchange rates, purchasing power parity, the current account, the international
transmission of business cycles, foreign ending, international capital markets, target zones and speculative attacks on fixed exchange
rates, and international economic policy coordination.
For students and researchers interested in understanding developments in modern
international economics, this book is an essential reference.
Included in series
Handbooks in Economics
Handbook of International Economics
