Exchange Rate Parity for Trade and Development: Theory,...

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Exchange Rate Parity for Trade and...

Exchange Rate Parity for Trade and Development: Theory, Tests, and Case Studies

Name: Exchange Rate Parity for Trade and Development: Theory, Tests, and Case Studies
ISBN: 9780521482165

Pan A. Yotopoulos

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Yotopoulos extends recent theories of incomplete markets to investigate empirically the appropriate balance between the market and the state in the trade relations between developed and developing countries. The conclusion is that in an ideal world government intervention in foreign exchange and trade is necessary in developing countries in the early stages and inevitably decreases as development occurs. The analysis and tests draw on empirical research from seventy countries and four extended country studies to confirm the usefulness and validity of the theoretical framework.

კატეგორია:

Business & Economics

წელი:

1995

ენა:

english

გვერდები:

343

ISBN 10:

052148216X

ISBN 13:

9780521482165