ABSTRACT
First Published in 2005. The book has two principal aims. First, to provide a description of the major international monetary developments in the industrial world in the post-war years. Second, to evaluate and analyse these developments by reference to a theoretical framework and, in addition, to look at the key policy issues in the context of the new environment of the last decade.
TABLE OF CONTENTS
part 1|107 pages
International Monetary Regimes and the Euro-Dollar System
part 2|43 pages
The Analytical Framework for an Open Economy
chapter 12|11 pages
Monetarist Models—I
The Expectations-Augmented Phillips Curve and the Natural Rate of Unemployment
part 3|47 pages
Global Inflation and Unemployment
part 4|61 pages
Managed Floats—1973 to 1978
part 5|65 pages
Choice of Exchange Rate Regime
part 6|74 pages
Macro-Policy