{"product_id":"9789814603423","title":"Evolving Patterns In Global Trade And Finance","description":"In \u003cem\u003eEvolving Patterns in Global Trade and Finance\u003c\/em\u003e, Professor Sven W Arndt offers succinct and rigorous explanations of important developments in trade, finance and international monetary relations. Topics include economic and monetary integration, cross-border production networks, and stabilization policy in orthodox and mixed exchange-rate regimes. The theoretical framework developed in this volume provides critical assessments of existing policies and practices, develops theoretical foundations for new and emerging patterns in trade and finance, and evaluates how well economists and policy makers are dealing (or have dealt) with the challenges they face. Readers will find the most in-depth and comprehensive discussion of international production networks (“off-shoring”), a detailed analysis of the implications for US economic stability and policy autonomy of its unorthodox exchange rate regime of fixed and floating rates, and insights into the causes of recent economic and financial turmoil in the global economy.\u003cstrong\u003eContents:\u003c\/strong\u003e  \u003cul\u003e   \u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePart I: Beyond the Standard Trade Model:\u003c\/em\u003e\u003c\/strong\u003e    \u003cul\u003e     \u003cli\u003eFree Trade and Its Alternatives\u003c\/li\u003e     \u003cli\u003eOn Discriminatory vs. Non-Preferential Tariff Policies\u003c\/li\u003e     \u003cli\u003eCustoms Union and the Theory of Tariffs\u003c\/li\u003e     \u003cli\u003eDomestic Distortions and Trade Policy\u003c\/li\u003e    \u003c\/ul\u003e \u003c\/li\u003e   \u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePart II: Fragmentation and Cross-Border Production Networks:\u003c\/em\u003e\u003c\/strong\u003e    \u003cul\u003e     \u003cli\u003eFragmentation\u003c\/li\u003e     \u003cli\u003eSuper-Specialization and the Gains from Trade\u003c\/li\u003e     \u003cli\u003eGlobal Production Networks and Regional Integration\u003c\/li\u003e     \u003cli\u003eProduction Networks in an Economically Integrated Region\u003c\/li\u003e     \u003cli\u003eTrade Diversion and Production Sharing\u003c\/li\u003e     \u003cli\u003eProduction Networks\u003c\/li\u003e     \u003cli\u003eExchange Rates, and Macroeconomic Stability\u003c\/li\u003e     \u003cli\u003eTrade, Production Networks and the Exchange Rate\u003c\/li\u003e     \u003cli\u003eIntra-Industry Trade and the Open Economy\u003c\/li\u003e     \u003cli\u003eFragmentation, Imperfect Competition and Heterogeneous Firms\u003c\/li\u003e    \u003c\/ul\u003e \u003c\/li\u003e   \u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePart III: Macro Policy Challenges in Open Economies:\u003c\/em\u003e\u003c\/strong\u003e    \u003cul\u003e     \u003cli\u003ePolicy Choices in an Open Economy: Some Dynamic Considerations\u003c\/li\u003e     \u003cli\u003eJoint Balance: Capital Mobility and the Monetary System of a Currency Area\u003c\/li\u003e     \u003cli\u003eInternational Short-Term Capital Movements: A Distributed Lag Model of Speculation in Foreign Exchange\u003c\/li\u003e     \u003cli\u003eRegional Currency Arrangements in North America\u003c\/li\u003e     \u003cli\u003eAdjustment in an Open Economy with Two Exchange-Rate Regimes\u003c\/li\u003e     \u003cli\u003eStabilization Policy in an Economy with Two Exchange Rate Regimes\u003c\/li\u003e     \u003cli\u003ePolicy Challenges in a Dual Exchange Rate Regime\u003c\/li\u003e     \u003cli\u003eThe \"Great Moderation\" in a Dual Exchange Rate Regime\u003c\/li\u003e    \u003c\/ul\u003e \u003c\/li\u003e  \u003c\/ul\u003e  \u003cbr\u003e  \u003cstrong\u003eReadership:\u003c\/strong\u003e Advanced economics undergraduates and graduate students; academic researchers in both trade and open economy macroeconomics and international finance.","brand":"World Scientific Publishing Company, Incorporated","offers":[{"title":"Default Title","offer_id":47185298882800,"sku":"9789814603423","price":50.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9789814603423_p0.jpg?v=1763691085","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9789814603423","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}