International Capital Mobility and External Account Determination
ISBN:
978-0-333-61343-6
Auflage:
1994
Verlag:
Palgrave Macmillan UK
Land des Verlags:
Vereinigtes Königreich
Erscheinungsdatum:
16.08.1994
Format:
Hardcover
Seitenanzahl:
147
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This book examines the causes, consequences and policy significance of international capital movements and nations' external account imbalances. Traditional theoretical approaches to balance of payments analysis, such as the classical, elasticities, absorption, monetary and Mundell-Fleming models are critically evaluated against an extended international macroeconomic accounting framework. More meaningful capital theoretic models then link saving, investment and foreign capital movements to highlight the macroeconomic gains from international capital mobility and international trade in saving.
Schlagwörter
Biografische Anmerkung
A.J.MAKIN
