Check nearby libraries
Buy this book
How can the notion of competitiveness be reasonably applied to an economy? What relation does high or low competitiveness have to the current account? Do huge and persistent imbalances really reflect competitive positions of local firms or are they merely due to a misalignment of exchange rates or even outright protectionism, as the US-Japan trade conflict suggests?
All these questions are rigorously addressed in International Competitiveness and the Balance of Payments. In examining the determinants of current account balances the conventional competitiveness approach - in which deficits are assumed to indicate low competitiveness - is contrasted with an intertemporal view of the balance of payments.
By emphasizing locational quality as the decisive factor in international competitiveness, the authors are able to offer fundamentally different conclusions about the determinants of current account debates. As well as theoretical evidence advocating the intertemporal view, the authors present four case studies in support of this approach: Germany before and after unification, Spain before joining the EMS, the United States since the early 1980s, and Japan's persistent current account surpluses.
Check nearby libraries
Buy this book
Previews available in: English
Edition | Availability |
---|---|
1
International competitiveness and the balance of payments: do current account deficits and surpluses matter?
1996, E. Elgar Pub.
in English
1858982103 9781858982106
|
aaaa
Libraries near you:
WorldCat
|
Book Details
Edition Notes
Includes bibliographical references (p. 212-231) and index.
Classifications
The Physical Object
ID Numbers
Community Reviews (0)
Feedback?July 29, 2024 | Edited by MARC Bot | import existing book |
September 17, 2021 | Edited by ImportBot | import existing book |
December 4, 2010 | Edited by Open Library Bot | Added subjects from MARC records. |
April 28, 2010 | Edited by Open Library Bot | Linked existing covers to the work. |
December 10, 2009 | Created by WorkBot | add works page |