The Monetary Approach to the Balance of Payments
Author | : Jacob Frenkel |
Publisher | : Routledge |
Total Pages | : 389 |
Release | : 2013-07-18 |
ISBN-10 | : 9781135043490 |
ISBN-13 | : 1135043493 |
Rating | : 4/5 (90 Downloads) |
Download or read book The Monetary Approach to the Balance of Payments written by Jacob Frenkel and published by Routledge. This book was released on 2013-07-18 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects together the basic documents of an approach to the theory and policy of the balance of payments developed in the 1970s. The approach marked a return to the historical traditions of international monetary theory after some thirty years of departure from them – a departure occasioned by the international collapse of the 1930s, the Keynesian Revolution and a long period of war and post-war reconstruction in which the international monetary system was fragmented by exchange controls, currency inconvertibility and controls over international trade and capital movements.