Currencies and Crises (MIT Press)
| Author | : | |
| Rating | : | 4.82 (673 Votes) |
| Asin | : | 0262611090 |
| Format Type | : | paperback |
| Number of Pages | : | 240 Pages |
| Publish Date | : | 2014-01-04 |
| Language | : | English |
DESCRIPTION:
Five Stars Pete. I should send a copy each to the EU and Greece! Heh, Heh.. Still Revelant to Modern Debate Paul Krugman's "Currency and Crises" is a collection of 11 academic essays on international monetary economics written between the late 1970's and 1980's. The four sections include; 1) Exchange Rates and the Balance of Payments, 2) Speculation and Exchange Rates, 3) The Debt Crisis and Its Aftermath, and Still Revelant to Modern Debate Rufus Burgess Paul Krugman's "Currency and Crises" is a collection of 11 academic essays on international monetary economics written between the late 1970's and 1980's. The four sections include; 1) Exchange Rates and the Balance of Payments, 2) Speculation and Exchange Rates, 3) The Debt Crisis and Its Aftermath, and 4) The International Monetary System. Each essay is particularly focused on theory rather than empirical analysis.While in some ways his essays seem dated they mostly stand the test of time. While his emphasis on Japan turned out to be misplaced it is now relevant for China (See Essay #2). At the time . ) The International Monetary System. Each essay is particularly focused on theory rather than empirical analysis.While in some ways his essays seem dated they mostly stand the test of time. While his emphasis on Japan turned out to be misplaced it is now relevant for China (See Essay #2). At the time . Stewart E. Sutin said Currencies and Crises. Paul Krugman first caught my attention many years ago for the precision and bluntness of his analysis of causal factors behind the Latin American debt crisis. At that time, I was a senior executive engaged in international banking, and found his writings to be compelling. Krugman's evaluation of indigenous and exogenous forces that influence currency fluctuations and economies around the world remains at a high level, as demonstrated in "Currencies and Crises". I currently teach a course at a graduate school of business administration titled "Managing Risk for a Global Enterprise", and will make "Curre
Paul Krugman is Professor of Economics and International Affairs at Princeton University and a New York Times columnist. He was awarded the Nobel Prize for Economics in 2008.
Paul Krugman's first collection of essays, Rethinking International Trade, mounted a spirited assault on established trade theory and proposed an alternative approach to account for increasing returns and imperfect competition. Less theoretical and more embedded in real-world experience, this new collection revolves around Krugman's work on international monetary economics from the late 1970s to the present in an effort to make sense of a turbulent period that "involved one surprise after another, most of them unpleasant."The eleven essays cover such key areas as the role of exchange rates in balance-of-payments adjustment policy, the role of speculation in the functioning of exchange rate regimes, Third World debt, and the construction of an international monetary system. They are unified by the same basic methodology and style the construction of a small theoretical model in order to simplify or clarify a puzzling or difficult world monetary problem.Paul R. Krugman is Professor of Economics at the Massachusetts Institute of Technology and a member of the Group of Thirty.
This is a book that anyoneinterested in international monetary economics can refer to repeatedly in thecourse of his or her career. "The papers included in this collection reveal the breadth of Krugman'swork in international monetary economics. As such, it ought not to gather dust on anybookshelf." Andreas Savides , The Journal of Economics