Synopses & Reviews
Original essays by leading economists honoring Anne O. Krueger and her outstanding work.
Synopsis
List of Tables List of Figures List of Abbreviations List of Acronyms Acknowledgements Notes on the Contributors Introduction; D.Lal & R.H.Snape PART I: TRADE Outer-Orientation and Development: Are Revisionists Right?; T.N.Srinivasan & J.Bhagwati Trade Policy and the Exchange Rate Regime; W.M.Corden Some Insights from Real Exchange Rates Analysis; A.C.Harberger Limiting Moral Hazard and Reducing Risk in International Capital Flows: The Choice of an Exchange-Rate Regime; R.I.McKinnon Developing Countries Trade Policies in the 1990s: Back to the Future; S.Rajapatirana Developing Country Issues for WTO Multilateral Trade Negotiations; C.Michalopoulos Assessing the Promise of a Preferential Trade Agreement; M.Michaely Reciprocity in Trade Agreements; R.H.Snape PART II: DEVELOPMENT Economic Development from an Open Economy Perspective; R.Findlay & R.W.Jones War, Peace and Growth; S.Edwards Space and Growth: A Th nen-Schumpter Perspective; H.Giersch The Virtuous Circle: Savings, Distribution and Growth Interactions in India; D.Lal & I.Natarajan PART III: POLITICAL ECONOMY Congressional Voting on International Economic Bills in the 1990s; R.E.Baldwin & M.Crowley Financial Crisis in East Asia: Underlying and Precipitating Factors; M.Gillis The Evolution of Dual Economies in East Asia; H.Hughes Does the US Foreign Economic Assistance Program Have a Future?; V.W.Ruttan Index
Synopsis
Trade, Development and Political Economy takes fundamental issues in trade and development policy and subjects them to well-based economic analysis in a form that is easily accessible to the non-specialist. Distinguished contributors address some of the following questions: Are critics of outward-orientated development wrong? What caused the financial crisis of East Asia? Who supports trade and aid in the US? And, what are the conditions needed to promote growth? They also look forward to what trade policies and agreements will be needed in the future.
About the Author
Deepak Lal is James S. Coleman Professor of International Development Studies, University of California, Los Angeles.
Richard H. Snape is Deputy Chairman, Productivity Commission, Australia and Emeritus Professor, Monash University.
Table of Contents
Introduction--Deepak Lal & Richard H. Snape *
Part I: Trade Outer-Orientation and Development: Are Revisionists Right?--T. N. Srinivasan & Jagdish Bhagwati * Trade Policy and the Exchange Rate Regime--W. Max Corden * Some Insights from Real Exchange Rates Analysis--Arnold C. Harberger * Limiting Moral Hazard and Reducing Risk in International Capital Flows: The Choice of an Exchange-Rate Regime--Ronald I. McKinnon * Developing Countries' Trade Policies in the 1990s: Back to the Future--Sarath Rajapatirana * Developing Country Issues for WTO Multilateral Trade Negotiations--Constantine Michalopoulos * Assessing the Promise of a Preferential Trade Agreement--Michael Michaely * Reciprocity in Trade Agreements--Richard H. Snape *
Part II: Development Economic Development from an Open Economy Perspective--Ronald Findlay & Ronald W. Jones * War, Peace and Growth--Sebastian Edwards * Space and Growth: A Thünen-Schumpeter Perspective--Herbert Giersch * The Virtuous Circle: Savings, Distribution and Growth Interactions in India--Deepak Lal & I. Natarajan *
Part III: Political Economy Congressional Voting on International Economic Bills in the 1990s--Robert E. Baldwin & Meredith Crowley * Financial Crisis in East Asia: Underlying and Precipitating Factors--Malcolm Gillis * The Evolution of Dual Economies in East Asia--Helen Hughes * Does the US Foreign Economic Assistance Program Have a Future?--Vernon W. Ruttan