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First Published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.
This text covers international macroeconomics. It aims to describe the evolution of and experience with global exchange rate regimes. This includes a detailed description and evaluation of the gold standard regimes, the IMF system, the float and the EMS. A second objective is to analyze open economy models, including the Mundell-Fleming model, the well-known Dornbusch and Branson models, models with flexible wages and prices, portfolio balance models, two- and three- country models, and models with traded and non-traded goods. There are also chapters on the New Classical contributions and an extensive review of exchange rate models.
This text covers international macroeconomics. It aims to describe the evolution of and experience with global exchange rate regimes. This includes a detailed description and evaluation of the gold standard regimes, the IMF system, the float and the EMS. A second objective is to analyze open economy models, including the Mundell-Fleming model, the well-known Dornbusch and Branson models, models with flexible wages and prices, portfolio balance models, two- and three- country models, and models with traded and non-traded goods. There are also chapters on the New Classical contributions and an extensive review of exchange rate models.
First published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.
The book opens with a concise account of modern Japanese economic history and the essence of postwar macroeconomic issues and policy. Then, the nature of the Japanese corporation, labour relations and technological innovations, as well as the Japanese experience in structural adjustments are discussed. Three chapters are devoted to Japan's international economic relations, in which emphasis is placed on Japan's trade surplus, conflicts with Western powers and Japan's overseas investments. The final section contains chapters dealing with the service sector (including distribution, health and education) and with Japan's quality of life (relating to matters such as pollution and urbanisation).
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