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Palgrave Macmillan

International Macroeconomics

Theory, Policy, and Applications

  • Book
  • © 1998

Overview

Authors:
  1. Graham Bird

    1. Surrey Centre for International Economic Studies, University of Surrey, UK

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Table of contents (11 chapters)

  1. Front Matter

    Pages i-xii
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  2. Introduction

    1. Introduction

      • Graham Bird
      Pages 1-2

  3. Theory

    1. Front Matter

      Pages 3-5
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    2. An Open-Economy Macroeconomic Model

      • Graham Bird
      Pages 7-23

    3. Trade Functions and Capital Movements

      • Graham Bird
      Pages 24-34

    4. Balance of Payments Theory

      • Graham Bird
      Pages 35-48

    5. Theories of Exchange-Rate Determination

      • Graham Bird
      Pages 49-65

  4. Policy

    1. Front Matter

      Pages 67-67
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    2. Stabilisation Policy in an Open Economy

      • Graham Bird
      Pages 69-96

    3. Exchange-Rate Management and Policy

      • Graham Bird
      Pages 97-114

    4. Global Macroeconomic Management

      • Graham Bird
      Pages 115-125

  6. Back Matter

    Pages 160-171
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Keywords

About this book

This book provides a non-mathematical introduction to the macroeconomic analysis of both the open economy and the world economy. While it presumes some basic understanding of macroeconomics, it does not require any significant mathematical capability. The first part examines the macro theory of the open economy: the second part examines macroeconomic stabilisation policy in the context of an open economy, and the world economy: and the third part looks at various case-studies or applications of the analysis introduced in the first two parts. This has been radically rewritten to accommodate recent global economic events, and demonstrates how the theoretical discussion goes a long way to explain recent changes in the world economy. Each chapter is accompanied by some brief notes and additional references but the intention has been to keep the book short and manageable. The practical orientation of the book ensures that it will be of interest to policy-makers, but it is also suitable for first- or second-year undergraduates, either as a course text or as a supplement to other more conventional macroeconomics textbooks.

Authors and Affiliations

  • Surrey Centre for International Economic Studies, University of Surrey, UK

    Graham Bird

About the author

GRAHAM BIRD is Professor of Economics at the University of Surrey and Director of the Surrey Centre for International Economic Studies. He is Visiting Professor of International Economic Affairs at the Fletcher School of law and Diplomacy, Tufts University in the US and has been a consultant to the World Bank, the Commonwealth Secretariat and UNDP and UNICEF. He has published 17 books and well over 100 articles in academic journals.

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