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The International System between New Integration and Neo-Protectionism (Hardcover)
Loot Price: R2,776
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The International System between New Integration and Neo-Protectionism (Hardcover)
Series: Central Issues in Contemporary Economic Theory and Policy
Expected to ship within 10 - 15 working days
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The world economy is at a cross road: it can either widen and
deepen international integration, within and between different
areas, or be tempted by neo-protectionism. Which road should the
international economy take? Which way will it take? The need to
reform the present international monetary system has been almost
continuously discussed since the collapse of the Bretton Woods
System in August 1971, and even earlier, and it has found renewed
interest since the Mexican financial crisis in early 1995. Despite
the successful completion of the Uruguay Round in December 1993,
many international trade problems remain: many sectors were not
included in the agreement, antidumping action and safeguards are
still possible, and many trade problems of developing and former
communist countries have not been fully addressed. This book
analyses this situation by first focusing on the problem of
international financial stability and the relationship between
national economic policies. It then focuses on the European
monetary union within the context of the international monetary
system. Finally, the development of international trade is examined
within an endogenous growth framework.
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