Inflation, Exchange Rates, and the World Economy

The previous editions of this work were praised as lucid and insightful introductions to a complicated subject. This third edition incorporates major additions to update the survey while retaining its clarity. Selected from the second edition are essential chapters on developments in balance-of-payments theories, inflation and exchange rates, the international adjustment to the oil price rise, and monetary integration in Europe. In three new chapters, Corden considers the international transmission of economic disturbances, the international macrosystem, and macroeconomic policy coordination.Corden, Warner Max is the author of 'Inflation, Exchange Rates, and the World Economy', published 1985 under ISBN 9780226115825 and ISBN 0226115828.