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OverviewIt is generally assumed that current deficits are intrinsically bad and in need of correction. This work argues that this is not always the case. The author analyzes a broad range of issues in support of this argument. These include: approaches to current account balances; short run issues; longer run issues; and policy. The book can be read as an integrated whole, or alternatively, each chapter can be consulted without reference to the others. Full Product DetailsAuthor: John Pitchford (Australian National University)Publisher: Taylor & Francis Ltd Imprint: Routledge Dimensions: Width: 15.20cm , Height: 2.10cm , Length: 22.90cm Weight: 0.521kg ISBN: 9780415094016ISBN 10: 0415094011 Pages: 224 Publication Date: 20 July 1995 Audience: College/higher education , Professional and scholarly , Tertiary & Higher Education , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: In Print  This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsPreface and acknowledgements Part I Introduction 1 External balance 2 The evolution of approaches to the current account balance Part II Short run issues 3 Devaluation and the trade balance 4 Macroeconomic theory Part III Longer run issues 5 Optimal responses of expenditure and debt 6 Foreign investment 7 Sustainability of private sector foreign indebtedness Part IV Policy 8 Macroeconomic policy in an open economy 9 Sovereign default risk and the social cost of foreign debt 10 Overview of policy issuesReviewsAuthor InformationProfessor John Pitchford has held a chair of economics at the Australian National University since 1965. His fields of interest include population economics, inflation, economic growth and international monetary economics. Tab Content 6Author Website:Countries AvailableAll regions |
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