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International Trade, Welfare, and the Theory of General Equilibrium (Hardcover)
Loot Price: R2,239
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International Trade, Welfare, and the Theory of General Equilibrium (Hardcover)
Expected to ship within 12 - 17 working days
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This essential volume reflects the continuing and enduring utility
of general equilibrium as a framework of analyses. It attempts to
reiterate that understanding broad and holistic consequence of
economic events and policies go beyond partial equilibrium
perspective. Cutting across areas of research, general equilibrium
perspectives in terms of small-scale GE models following the theory
and perspectives of Ronald Jones can help readers develop informed
judgement regarding critical policies. These include but are not
limited to several areas of specific interest - the interaction of
financial factors with international trade and implications for the
'real sectors' of the economy, the impact of labour market reforms
on the unorganised sectors in developing and transition countries,
the non-uniform effects of inflation and deflation on internal and
external factor flows, and the sought-after relation between
foreign investment and skill accumulation.
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