Structural Change and Exchange Rate Dynamics (Hardcover)

Paul J.J. Welfens

ISBN 10: 3540276874 / ISBN 13: 9783540276876

Edité par Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, Berlin, 2005

A propos de cet article

Hardcover. Structural change, economic growth and adequate exchange rate adjustment are key challenges in the context of EU eastern enlargement as are consistent macroeconomic policies. The authors focus on sectoral adjustment across industries in catching-up countries and explain changes in the composition of output this includes new aspects of the Chenery model. They describe and analyze the spatial pattern of specialization and adjustment in many countries. Theoretical and empirical analysis of foreign direct investment, innovation and structural change shed new light on economic dynamics in Old Europe and New Europe. As regards exchange rate dynamics both traditional aspects (such as the Balassa-Samuelson effect) and new approaches to understanding exchange rate developments are presented. Links between exchange rate changes and innovation are particularly emphasized. Structural change, economic growth and adequate exchange rate adjustment are key challenges in the context of EU eastern enlargement as are consistent macroeconomic policies. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.

N° de réf. du vendeur 9783540276876

Détails bibliographiques

• Titre: Structural Change and Exchange Rate Dynamics (Hardcover)
• Éditeur: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, Berlin
• Date de parution: 2005
• Langue: anglais
• ISBN à 10 chiffres: 3540276874
• ISBN à 13 chiffres: 9783540276876
• Reliure: Hardcover
• État de l'article: new

A propos de ce titre

Synopsis

Structural change, economic growth and adequate exchange rate adjustment are key challenges in the context of EU eastern enlargement as are consistent macroeconomic policies. The authors focus on sectoral adjustment across industries in catching-up countries and explain changes in the composition of output - this includes new aspects of the Chenery model. They describe and analyze the spatial pattern of specialization and adjustment in many countries. Theoretical and empirical analysis of foreign direct investment, innovation and structural change shed new light on economic dynamics in Old Europe and New Europe. As regards exchange rate dynamics both traditional aspects (such as the Balassa-Samuelson effect) and new approaches to understanding exchange rate developments are presented. Links between exchange rate changes and innovation are particularly emphasized.