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International Finance
This two-volume set offers an authoritative collection of significant papers by leading scholars in the field of international finance.
Topics covered include the competitiveness of national currencies and the workings of foreign exchanges, the problems and advantages of foreign investment, the balance of trade and the balance of payments including the effects of exchange rates, and the arrangements of international payments and currency exchanges.
Topics covered include the competitiveness of national currencies and the workings of foreign exchanges, the problems and advantages of foreign investment, the balance of trade and the balance of payments including the effects of exchange rates, and the arrangements of international payments and currency exchanges.
More Information
Contributors
Contents
More Information
This two-volume set offers an authoritative collection of significant papers by leading scholars in the field of international finance.
Topics covered include the competitiveness of national currencies and the workings of foreign exchanges, the problems and advantages of foreign investment, the balance of trade and the balance of payments including the effects of exchange rates, and the arrangements of international payments and currency exchanges.
The book presents an extensive overview of the subject and is a valuable guide to students and scholars with an interest in the workings of international exchanges and international investment.
Topics covered include the competitiveness of national currencies and the workings of foreign exchanges, the problems and advantages of foreign investment, the balance of trade and the balance of payments including the effects of exchange rates, and the arrangements of international payments and currency exchanges.
The book presents an extensive overview of the subject and is a valuable guide to students and scholars with an interest in the workings of international exchanges and international investment.
Contributors
46 articles, dating from 1752 to 1980
Contributors include: A. Cairncross, J. Hicks, J.M. Keynes, J. Meade, L.A. Metzler, R. Nurkse, B. Ohlin, J. Robinson
Contributors include: A. Cairncross, J. Hicks, J.M. Keynes, J. Meade, L.A. Metzler, R. Nurkse, B. Ohlin, J. Robinson
Contents
Contents:
Volume I:
Acknowledgements • Introduction
Part I: The Competitiveness of National Monies
1. John Maynard Keynes (1913), ‘The Present Position of the Rupee’, ‘The Gold-Exchange Standard’ and ‘Paper Currency’
2. Gustav Cassel (1916), ‘The Present Situation of the Foreign Exchanges’
3. Constantino Bresciani-Turron (1931), ‘Foreign Exchanges and Internal Price Movements in Germany, 1914 to 1923’ and ‘The National Finances, the Inflation and the Depreciation of the Mark’
4. John Maynard Keynes (1924), ‘The Theory of Money and the Exchanges’
5. Irving Fisher (1930), ‘The Relation of Interest to Money and Prices’
6. Frank D. Graham (1930), ‘Price Relationships under the Influence of Inflation’
7. Joan Robinson (1937), ‘The Foreign Exchanges’
8. Fritz Machlup (1939), ‘The Theory of Foreign Exchanges: Part I’ and ‘The Theory of Foreign Exchanges: Part II’
9. Rudiger Dornbusch (1976), ‘Expectations and Exchange Rate Dynamics’
Part II: International Investment
10. John Maynard Keynes (1924), ‘Foreign Investment and National Advantage’
11. J.M. Keynes (1929), ‘The German Transfer Problem’
12. Bertil Ohlin (1929), ‘The Reparation Problem: A Discussion’ and ‘A Rejoinder from Professor Ohlin’
13. G.D.A. MacDougall (1960), ‘The Benefits and Costs of Private Investment from Abroad: A Theoretical Approach’
14. Lloyd A. Metzler (1942), ‘The Transfer Problem Reconsidered’
15. Hal B. Lary (1943), ‘The United States in the World Economy’
16. Arthur I. Bloomfield (1950), ‘Some Over-all Aspects of the Movement of Capital to the United States’ and ‘Capital Imports and American Balance-of-Payments Adjustment’
17. A.K. Cairncross (1953), ‘Fluctuations in Home and Foreign Investment, 1870–1912’, ‘Investment and Migration’ and ‘Did Foreign Investment Pay?’
18. Ragnar Nurske (1954), ‘International Investment To-day in the Light of Nineteenth-Century Experience’
19. Murray C. Kemp (1962), ‘Foreign Investment and the National Advantage’
20. Herbert G. Grubel (1968), ‘Internationally Diversified Portfolios: Welfare Gains and Capital Flows’
Name Index
Volume II:
Part I: Balance of Payments Adjustments
1. D. Hume (1742/1903), ‘Of the Balance of Trade’
2. Ragnar Nurske (1945), ‘Conditions of International Monetary Equilibrium’
3. G. Haberler (1949), ‘The Market for Foreign Exchange and the Stability of the Balance of Payments: A Theoretical Analysis’
4. Arnold C. Harberger (1950), ‘Currency Depreciation, Income and the Balance of Trade’
5. Svend Laursen and Lloyd A. Metzler (1950), ‘Flexible Exchange Rates and the Theory of Employment’
6. James Meade (1951), ‘The Meaning of Fiscal and Monetary Policy and of Internal Balance and External Balance’, ‘Financial Policy for Internal and External Balance’ and ‘Conflicts Between Internal and External Balance’
7. J.R. Hicks (1953), ‘An Inaugural Lecture: I. Introductory Remarks. II. The Long Run Dollar Problem’
8. Edward M. Bernstein (1956), ‘Strategic Factors in Balance of Payments Adjustment’
9. J.J. Polak (1957), ‘Monetary Analysis of Income Formation and Payments Problems’
10. Harry G. Johnson (1958), ‘Towards a General Theory of the Balance of Payments’
11. F.H. Hahn (1959), ‘The Balance of Payments in a Monetary Economy’
12. J. Marcus Fleming (1962), ‘Domestic Financial Problems under Fixed and under Floating Exchange Rates’
13. R.A. Mundell (1963), ‘Capital Mobility and Stabilization Policy under Fixed and Flexible Exchange Rates’
14. Bela Balassa (1964), ‘The Purchasing-Power Parity Doctrine: A Reappraisal’
15. Tibor Scitovsky (1967), ‘The Theory of Balance-of-Payments Adjustment’
Part IV: International Payments Arrangements
16. Robert Triffin (1960), ‘Introduction’, ‘Convertibility: What and How?’, ‘The Changing Role of Monetary Reserves’, ‘Reserve Measurement and Adequacy Criteria’, ‘Reserve Adequacy at the End of 1957’, ‘Prospective Adequacy of Reserves over the Ten Years 1958-67’, ‘The Position of the Center Countries, ‘The Gold Exchange Standard’, and ‘Summary and Conclusions’
17. Milton Friedman (1953), ‘The Case for Flexible Exchange Rates’
18. Ragnar Nurske (1944), ‘Exchange Fluctuations’
19. Harry G. Johnson (1970), ‘The Case for Flexible Exchange Rates, 1969’
20. Charles P. Kindleberger (1970), ‘The Case for Fixed Exchange Rates, 1969’
21. Milton Gilbert (1980), ‘Balance-of-Payments Adjustment and the Gold-Dollar System’
22. Robert A. Mundell (1961), ‘A Theory of Optimum Currency Areas’
23. Harry Johnson, ‘Theoretical Problems of the International Monetary System’
24. John Williamson (1973), ‘Surveys in Applied Economics: International Liquidity’
25. Emile Despres, Charles P. Kindleberger and Walter S. Salant (1966), ‘The Dollar and the World Liquidity – A Minority View’
26. Peter H. Lindert (1969), ‘Key Currencies and Gold, 1900-13’
Name Index
Volume I:
Acknowledgements • Introduction
Part I: The Competitiveness of National Monies
1. John Maynard Keynes (1913), ‘The Present Position of the Rupee’, ‘The Gold-Exchange Standard’ and ‘Paper Currency’
2. Gustav Cassel (1916), ‘The Present Situation of the Foreign Exchanges’
3. Constantino Bresciani-Turron (1931), ‘Foreign Exchanges and Internal Price Movements in Germany, 1914 to 1923’ and ‘The National Finances, the Inflation and the Depreciation of the Mark’
4. John Maynard Keynes (1924), ‘The Theory of Money and the Exchanges’
5. Irving Fisher (1930), ‘The Relation of Interest to Money and Prices’
6. Frank D. Graham (1930), ‘Price Relationships under the Influence of Inflation’
7. Joan Robinson (1937), ‘The Foreign Exchanges’
8. Fritz Machlup (1939), ‘The Theory of Foreign Exchanges: Part I’ and ‘The Theory of Foreign Exchanges: Part II’
9. Rudiger Dornbusch (1976), ‘Expectations and Exchange Rate Dynamics’
Part II: International Investment
10. John Maynard Keynes (1924), ‘Foreign Investment and National Advantage’
11. J.M. Keynes (1929), ‘The German Transfer Problem’
12. Bertil Ohlin (1929), ‘The Reparation Problem: A Discussion’ and ‘A Rejoinder from Professor Ohlin’
13. G.D.A. MacDougall (1960), ‘The Benefits and Costs of Private Investment from Abroad: A Theoretical Approach’
14. Lloyd A. Metzler (1942), ‘The Transfer Problem Reconsidered’
15. Hal B. Lary (1943), ‘The United States in the World Economy’
16. Arthur I. Bloomfield (1950), ‘Some Over-all Aspects of the Movement of Capital to the United States’ and ‘Capital Imports and American Balance-of-Payments Adjustment’
17. A.K. Cairncross (1953), ‘Fluctuations in Home and Foreign Investment, 1870–1912’, ‘Investment and Migration’ and ‘Did Foreign Investment Pay?’
18. Ragnar Nurske (1954), ‘International Investment To-day in the Light of Nineteenth-Century Experience’
19. Murray C. Kemp (1962), ‘Foreign Investment and the National Advantage’
20. Herbert G. Grubel (1968), ‘Internationally Diversified Portfolios: Welfare Gains and Capital Flows’
Name Index
Volume II:
Part I: Balance of Payments Adjustments
1. D. Hume (1742/1903), ‘Of the Balance of Trade’
2. Ragnar Nurske (1945), ‘Conditions of International Monetary Equilibrium’
3. G. Haberler (1949), ‘The Market for Foreign Exchange and the Stability of the Balance of Payments: A Theoretical Analysis’
4. Arnold C. Harberger (1950), ‘Currency Depreciation, Income and the Balance of Trade’
5. Svend Laursen and Lloyd A. Metzler (1950), ‘Flexible Exchange Rates and the Theory of Employment’
6. James Meade (1951), ‘The Meaning of Fiscal and Monetary Policy and of Internal Balance and External Balance’, ‘Financial Policy for Internal and External Balance’ and ‘Conflicts Between Internal and External Balance’
7. J.R. Hicks (1953), ‘An Inaugural Lecture: I. Introductory Remarks. II. The Long Run Dollar Problem’
8. Edward M. Bernstein (1956), ‘Strategic Factors in Balance of Payments Adjustment’
9. J.J. Polak (1957), ‘Monetary Analysis of Income Formation and Payments Problems’
10. Harry G. Johnson (1958), ‘Towards a General Theory of the Balance of Payments’
11. F.H. Hahn (1959), ‘The Balance of Payments in a Monetary Economy’
12. J. Marcus Fleming (1962), ‘Domestic Financial Problems under Fixed and under Floating Exchange Rates’
13. R.A. Mundell (1963), ‘Capital Mobility and Stabilization Policy under Fixed and Flexible Exchange Rates’
14. Bela Balassa (1964), ‘The Purchasing-Power Parity Doctrine: A Reappraisal’
15. Tibor Scitovsky (1967), ‘The Theory of Balance-of-Payments Adjustment’
Part IV: International Payments Arrangements
16. Robert Triffin (1960), ‘Introduction’, ‘Convertibility: What and How?’, ‘The Changing Role of Monetary Reserves’, ‘Reserve Measurement and Adequacy Criteria’, ‘Reserve Adequacy at the End of 1957’, ‘Prospective Adequacy of Reserves over the Ten Years 1958-67’, ‘The Position of the Center Countries, ‘The Gold Exchange Standard’, and ‘Summary and Conclusions’
17. Milton Friedman (1953), ‘The Case for Flexible Exchange Rates’
18. Ragnar Nurske (1944), ‘Exchange Fluctuations’
19. Harry G. Johnson (1970), ‘The Case for Flexible Exchange Rates, 1969’
20. Charles P. Kindleberger (1970), ‘The Case for Fixed Exchange Rates, 1969’
21. Milton Gilbert (1980), ‘Balance-of-Payments Adjustment and the Gold-Dollar System’
22. Robert A. Mundell (1961), ‘A Theory of Optimum Currency Areas’
23. Harry Johnson, ‘Theoretical Problems of the International Monetary System’
24. John Williamson (1973), ‘Surveys in Applied Economics: International Liquidity’
25. Emile Despres, Charles P. Kindleberger and Walter S. Salant (1966), ‘The Dollar and the World Liquidity – A Minority View’
26. Peter H. Lindert (1969), ‘Key Currencies and Gold, 1900-13’
Name Index
