Current Account and Foreign Debt
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A01=John Pitchford
Author_John Pitchford
balance
Category=KCL
condition
Current Account
Current Account Balance
Current Account Deficit
Current Account Imbalances
Current Account Outcome
debt sustainability
deficit
Domestic Excess Demand
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eq_isMigrated=2
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Excess Demand
exchange
Exchange Rate
Exchange Rate Determination
External Balance
external balance adjustment
Fiscal Deficit
Floating Rate System
foreign investment flows
imbalances
interest
international finance
International Monetary Economics
lerner
Lerner Condition
macroeconomic policy
Net Exports
Net Foreign Indebtedness
nominal
Nominal Exchange Rate
Non-traded Goods
open economy macroeconomic modelling
Pegged Exchange Rate
Pegged Rate System
rate
real
Real Consumption Wage
Real Exchange Rate
Relative Price
sovereign risk analysis
Specie Flow Mechanism
Stable Branch
Product details
- ISBN 9780415094016
- Weight: 521g
- Dimensions: 152 x 229mm
- Publication Date: 20 Jul 1995
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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It is generally assumed that current deficits are intrinsically bad and in need of correction. The Current Account and Foreign Debt argues that this is not always the case. The author analyses a broad range of issues in support of this argument. These include:
* Approaches to current account balance
* Short run issues
* Longer run issues
* Policy
The book can be read as an integrated whole, or alternatively, each chapter can be consulted without reference to the others. The Current Account and Foreign Debt provides the counterbalance to a common misapprehension in economic theory. It will be a valuable guide for all those interested in international monetary theory.
Professor 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.
