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ECONOMIC THEORY AND FINANCIAL POLICY - The Selected Essays of Jacques J. Polak (Hardcover)
Loot Price: R6,416
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ECONOMIC THEORY AND FINANCIAL POLICY - The Selected Essays of Jacques J. Polak (Hardcover)
Series: Economists of the Twentieth Century series
Expected to ship within 12 - 17 working days
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This two volume set brings together a key selection of papers
written by Jacques J. Polak over the last 50 years in the fields of
economics, econometrics and finance. Presented under five broad
headings, the collection begins with his work on international and
national business cycles - a subject on which the author worked
with Nobel Prize winner Jan Tinbergen - problems of international
trade and balance of payments adjustment. Later sections examine
exchange rates and how they affect the balance of payments,
inflation and hyperinflation; the monetary approach to the balance
of payments, a subject that the author pioneered in the IMF and
that became the framework of the conditionality of IMF credits; and
international liquidity, with particular reference to the special
drawing right (SDR). The final section features the author's essays
on the international monetary system itself, including topics such
as the international co ordination of national economic policies,
the changes over time in the objectives of national policy making
in the main industrial countries and reform of the system. Economic
Theory and Financial Policy will be welcomed by researchers,
students and practitioners concerned with economics, government
finance, banking and international economic relations.
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