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The World Economy By John Williamson

The World Economy by John Williamson

Condition - Very Good
Only 2 left


A revised edition of John Williamson's textbook "The Open Economy", with extended sections on trade theory and policy. Also covered are new developments in monetary aspects of international exchange and payments.

The World Economy Summary

The World Economy: Textbook in International Economics by John Williamson

This is a revised and updated version of John Williamson's successful textbook "The Open Economy". The major change has been a substantial extension of the section on trade theory both to cover previous material in greater depth and to cover new developments in strategic trade theory. The coverage of trade policy is also extended to cover both the "old protectionism" (tariffs, etc) and the "new protectionism" embodied in concepts such as voluntary export restraint agreements. There have also been new developments on the monetary aspects of international exchange and payments since the first edition was published. All of these topics are also fully updated and extended. In addition, all of the institutional material has been updated to reflect the events of the 1980s and thus includes coverage of the Uruguay Round of GATT multilateral trade negotiations and the international implications of environmental issues. This book now represents a complete, rounded and accessible text for all students of international economics at intermediate and advanced levels.

Table of Contents

Introduction: Historical perspective. Part 1 Trade theory: comparative advantage; Heckscher-Ohlin model; extending the neo-classical model; beyond factor endowments; models of intra-industry trade. Part 2 Trade policy: the gains of trade; trade interventions and the old protectionism; economics of the new protectionism; normative issues in trade policy. Part 3 Open economy macroeconomics: accounting framework; current account; capital flows; flexible exchange rates. Part 4 Development: trade and development; factor accumulation in the open economy. Part 5 World economy: international trading system; world capital markets; international monetary arrangements; global economic problems.

Additional information

The World Economy: Textbook in International Economics by John Williamson
Used - Very Good
Pearson Education Limited
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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