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International and Interregional Economics (Classic Reprint) - Couverture souple

Harris, Seymour Edwin

 
9781334471056: International and Interregional Economics (Classic Reprint)

Synopsis

This book analyzes the forces of international economic disequilibrium in the first post-war decade, focusing on the dollar shortage and its effects on foreign exchange, international trade, and economic aid. The author traces the roots of the problem to classical economic theories and imbalances in the international monetary system, drawing on the work of Ricardo, Mill, Haberler, and others. The author discusses the role of institutional changes and temporary factors, like economic development, trade restrictions, and currency convertibility, in creating deviations from the free market model. The author concludes by examining how these factors influenced the post-war disequilibrium and the changes in trade patterns that resulted, providing valuable insights into the challenges and opportunities of international economic relations.

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