Abstract

This is a comprehensive survey of the macroeconomic co-ordination of international economies. Subjects covered include: monetary policies and exchange rates; abolishing exchange controls; policy co-ordination and the International Monetary System; assessing monetary shocks and exchange rate variability; EMS stability; economic interactions; and fiscal policies. The contributors are: Anthony S. Courakis, Ronald MacDonald, Mark P. Taylor, Peter N. Smith, Michael R. Wickens, Jeffrey A. Frankel, Kenneth A. Froot, Michael J. Artis, Giorgio Radaelli, Shaziye Gazioglu, Michael J. Moore, Neil Rankin, S. Mansoob Murshed, Somnath Sen, Paul R. Masson, Malcolm Knight, Patrick Minford, Emanuel Pikoulakis, David Currie, Ullrich Hoffmeyer , and Frederick van der Ploeg . This book is intended for international monetary economists and macroeconomists; graduate and third-year undergraduate students.

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