Beyond The Twin Deficits A Trade Strategy For The 1990 S

Author: Robert A. Blecker
Publisher: Routledge
ISBN: 1315288311
Size: 42.20 MB
Format: PDF, Mobi
View: 4419
Download
This study documents evidence of a decline trend in the international competitiveness of US industry. The analysis identifies three groups of countries that account for most of the US trade deficit in the 1980s: the surplus countries, Germany and Japan; the East Asian NICs; and the Latin American debtors. In each case the author points to underlying structural problems contributing to the deficit. They call for quite different US policy responses, including microeconomic and industrial policies, incentives to revive productivity, growth and technological innovation, import surcharges, wage increases in the NICs, currency realignments, US capital exports, and debt relief. A pragmatic policy approach, with efforts to open foreign markets, aims to achieve the greatest possible reduction in the trade deficit with the lowest possible cost from macroeconomic adjustments. The author urges the reversal of two adverse trends in his policy strategy: the decline in public sector investment and the decreasing progressivity of the tax code.

U S Trade Policy And Global Growth

Author: Robert A. Blecker
Publisher: M.E. Sharpe
ISBN: 9781563245305
Size: 20.35 MB
Format: PDF, Docs
View: 2310
Download
This collection takes a critical look at the conventional wisdom of economists on trade issues in the 1990s. Comprehensive in scope, the book covers new perspectives on international economy; current issues in American trade policy; global trade imbalances and international monetary reform; and development policy. It will be the most up-to-date, non-technical reader on international trade and finance since 1986. --the only reader containing articles by respected economists with dissenting views on international trade and finance. Explains why free-trade policies and flexible exchange rates are not cure-alls for economic problems --includes essays by Robert Kuttner, Paul Davidson, Lance Taylor, David P. Levine, Stephen C. Smith, Thea M. Lee, Robert E. Scott, Dale Belman, and the editor --contains up-to-date discussions of current issues such as how trade is affecting American wages; the real costs and benefits of protection; what kind of exchange-rate policy we should follow; whether free-trade agreements like NAFTA will benefit most Americans; and the type of trade policy that really works in developing countries --includes provocative essays on whether and how international trade should be managed on an industry-by-industry basis and how international competition can cause losses as well as gains for national economies.

U S Trade Policy

Author: William Anthony Lovett
Publisher: M.E. Sharpe
ISBN: 9780765603241
Size: 65.66 MB
Format: PDF, Mobi
View: 7763
Download
A critical review of recent U.S. trade policies that have failed to enforce sufficient reciprocity and overall trade balance, with suggestions for policies that foster a more balanced and realistic pattern of world trade growth.

Us Trade Deficit

Author: United States. Congress. House. Committee on International Relations. Subcommittee on International Economic Policy and Trade
Publisher:
ISBN:
Size: 29.20 MB
Format: PDF, Kindle
View: 6754
Download

Joan Robinson S Economics

Author: Joan Robinson
Publisher: Edward Elgar Publishing
ISBN:
Size: 41.53 MB
Format: PDF, Mobi
View: 4176
Download
On the 100th anniversary of the birth of one of the 20th century's most accomplished and controversial economists, scholars from around the world reflect on the legacy of Joan Robinson's work. Addressing Robinsonian themes in growth, money, trade and methodology, their essays provide fresh perspectives on old questions. Joan Robinson's first priority was not theoretical perfection or abstract rigor. The arcane debates of the profession had little practical relevance and became increasingly tedious to her. Ironically, much of current economic theory embraces the realism she was striving toward. Indeed, as the essays in this volume show, she was in many ways ahead of her time. The volume begins by tracing the intellectual contours of her work and discussing the people and events that shaped her thinking. The succeeding chapters address her theories on accumulation, capital, and equilibrium, her interpretation of Marx, as well as the influence of Piero Sraffa. Several chapters analyze and extend her theory of growth, illustrating the wide applicability of her approach. be of great interest to scholars interested in growth, income distribution, post-Keynesian economics, macroeconomics, history of thought, money, capital theory, international trade and finance.

Contemporary Post Keynesian Analysis

Author: L. Randall Wray
Publisher: Edward Elgar Publishing
ISBN:
Size: 74.53 MB
Format: PDF, Docs
View: 6616
Download
'. . . this book usefully presents topical issues in the field of post Keynesian economics. . . this collection deserves praise for exposing readers to the tradition of economic thought built on the work of Keynes and the Cambridge tradition.' - Matthias Greiff, Review of Political Economy