Balance of Payments Adjustment : Macro Facets of International Finance Revisited.

Intro -- Contents -- Tables and Figures -- Introduction -- I. A Theoretical Review of the Keynesian and Monetary Approaches to the Balance of Payments -- 1. Full Employment, Balance of Payments and Adjustments in Unified (Fixed) Exchange Rate Regimes Dilip K. Ghosh and Gilles Duteil -- 2. A Survey of the Monetary Approach to International Finance Demetri Tsanacas, Krishna M. Kasibhatla and John Malindretos -- II. An Empirical Review of the Keynesian and Monetary Theories to the Balance of Payments -- 3. Empirical Evidence for the Traditional Approach to the Capital Account Valerie Englander, Melvin Johnson and John Malindretos -- 4. The Traditional Theory to the Current Account: An Empirical Examination Augustine C. Arize, Elias C. Grivoyannis, Ioannis N. Kallianiotis and Stanley J. Lawson -- 5. Empirical Evidence for the Monetary Approach to Balance of Payments Adjustments Augustine C. Arize, Elias C. Grivoyannis, Ioannis N. Kallianiotis and John Malindretos -- III. Criticisms of the Keynesian and Monetary Views of Balance of Payments Determination -- 6. A Critique of the Traditional Approach to International Finance Theologos Homer Bonitsis and John Malindretos -- 7. The Monetary Theory of the Balance of Payments: A Retrospective Analysis H. Peter Gray -- IV. A Theoretical Comparison of the Keynesian and Monetary Theories to the Balance of Payments -- 8. Keynesian and Monetary Approaches to the Balance of Payments Melvin Johnson, Krishna M. Kasibhatla and John Malindretos -- V. Empirical Comparisons of the Keynesian and Monetary Theories of Balance of Payments Determination -- 9. International Adjustment for Kenya: The Relevance of the Traditional and Monetary Approaches Luis Eduardo Rivera-Solis, Krishna M. Kasibhatla and John Malindretos.

10. A Comparison of the Monetary and Traditional Approaches to International Competitiveness Krishna M. Kasibhatla, John Malindretos and Paul R. Kutasovic -- 11. The Keynesian and Monetary Approaches to International Accounts Adjustment: Some Heuristics for Germany Theologos Homer Bonitsis and John Malindretos -- 12. The Role of Exogeneity, Causality and Exchange-Rate Volatility in the Modeling of U.S. Export-Demand Function: Some New Evidence Augustine C. Arize -- VI. A Review of the Theoretical Literature on Exchange Rate Determination -- 13. The Traditional Approach to Balance of Payments Adjustment under Flexible Exchange Rates Augustine C. Arize, Elias C. Grivoyannis, Ioannis N. Kallianiotis and Valerie Englander -- 14. Doctrinal Views on Exchange Rate Determination: An Eclectic Approach Dilip K. Ghosh, Abraham Mulugetta and Asrat Tessema -- VII. Empirical Evidence on Exchange Rate Determination -- 15. Recent Evidence on the Determinants of Foreign Exchange Rates Demetrios Giannaros -- 16. A Re-examination of the Monetary Approach to the Exchange Rate: A Long-Run Approach Bill Francis, Iftekhar Hasan and James R. Lothian -- Conclusion -- Selected Bibliography -- Index -- About the Editors and Contributors.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.