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The Monetary Approach to the Balance of Payments

Harry Johnson editor Jacob Frenkel editor

Format:Hardback

Publisher:Taylor & Francis Ltd

Published:15th Mar '13

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The Monetary Approach to the Balance of Payments cover

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.

"It brings together the major, and not insignificant contributions of a leading economist in the field of monetary economics." - International Affairs

ISBN: 9780415837149

Dimensions: unknown

Weight: 890g

384 pages