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Book
Trade policy disaster : lessons from the 1930s
Author:
ISBN: 0262016710 9786613594709 1280499478 0262298627 9780262016711 9780262298629 0262297744 Year: 2012 Publisher: Cambridge, Mass. : MIT Press,

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Abstract

The extreme protectionism that contributed to a collapse of world trade in the 1930s is examined in light of the recent economic crisis.The recent economic crisis--with the plunge in the stock market, numerous bank failures and widespread financial distress, declining output and rising unemployment--has been reminiscent of the Great Depression. The Depression of the 1930s was marked by the spread of protectionist trade policies, which contributed to a collapse in world trade. Although policymakers today claim that they will resist the protectionist temptation, recessions are breeding grounds for economic nationalism, and countries may yet consider imposing higher trade barriers. In Trade Policy Disaster, Douglas Irwin examines what we know about trade policy during the traumatic decade of the 1930s and considers what we can learn from the policy missteps of the time.Irwin argues that the extreme protectionism of the 1930s emerged as a consequence of policymakers' reluctance to abandon the gold standard and allow their currencies to depreciate. By ruling out exchange rate changes as an adjustment mechanism, policymakers turned instead to higher tariffs and other means of restricting imports. He offers a clear and concise exposition of such topics as the effect of higher trade barriers on the implosion of world trade; the impact of the Smoot-Hawley tariff of 1930; the reasons some countries adopted draconian trade restrictions (including exchange controls and import quotas) but others did not; the effect of preferential trade arrangements and bilateral clearing agreements on the multilateral system of world trade; and lessons for avoiding future trade wars.


Book
The escape from balance sheet recession and the QE trap : A Hazardous Road for the World Economy
Author:
ISBN: 1119028124 1322199132 1119198895 1119028167 9781119028123 Year: 2014 Publisher: Hoboken : Wiley,

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Compare global experiences during the balance sheet recession and find out what is needed for a full recovery The Escape from Balance Sheet Recession and the QE Trap details the many hidden dangers remaining as the world slowly recovers from the balance sheet recession of 2008. Author and leading economist Richard Koo explains the unique political and economic pitfalls that stand in the way of recovery from this rare type of recession that was largely overlooked by economists. Koo anticipated the current predicament in the West long before others and issued warnings in his previous books: Bala

Regionalism and global economic integration : Europe, Asia , and the Americas
Authors: ---
ISBN: 0415162483 0415162475 1134716273 1280330074 0203058356 1134716257 Year: 1998 Publisher: London ; New York : Routledge,

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This scholarly and interdisciplinary volume sheds much needed light on the realtionship between national policies, regional integration patterns and the wider global setting. It covers regional patterns in Europe, Asia and the Americas. Individual chapters focus on topics ranging from industrial or financial policies to social welfare regimes, as well as broader assessments and comparisons of regional arrangements in a global context. The chapters point to the diversity of regional patterns in the world economy and the continuing importance of national regulatory structures, yet they also poin

Keywords

International economic relations --- North American Free Trade Agreement --- Asia-Pacific Economic Cooperation --- European Union --- AA / International- internationaal --- 331.00 --- 382.52 --- 382.11 --- Economische bewegingen: algemeenheden. --- Handelsakkoorden. Driehoekshandel. Bilateralisme. --- Theorie van het internationale evenwicht. Economische onafhankelijkheid van een natie. Globalisering. Mondialisering. --- International economic integration. --- International economic relations. --- International relations. --- Regionalism. --- Coexistence --- Foreign affairs --- Foreign policy --- Foreign relations --- Global governance --- Interdependence of nations --- International affairs --- Peaceful coexistence --- World order --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- International economic policy --- International economics --- New international economic order --- Common markets --- Economic integration, International --- Economic union --- Integration, International economic --- Markets, Common --- Union, Economic --- International economic integration --- International relations --- Regionalism --- Human geography --- Nationalism --- Interregionalism --- National security --- Sovereignty --- World politics --- Economic policy --- Economic sanctions --- Economische bewegingen: algemeenheden --- Theorie van het internationale evenwicht. Economische onafhankelijkheid van een natie. Globalisering. Mondialisering --- Handelsakkoorden. Driehoekshandel. Bilateralisme

The American business cycle : continuity and change
Author:
ISBN: 0226304523 0226304531 9786611125684 1281125687 0226304590 9780226304595 9780226304533 9780226304526 Year: 1990 Volume: 25 Publisher: Chicago : University of Chicago Press,

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In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depression. These circumstances have prompted renewed interest in the concept of business cycles, which Joseph Schumpeter suggested are "like the beat of the heart, of the essence of the organism that displays them." In The American Business Cycle, some of the most prominent macroeconomics in the United States focuses on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their investigation in some areas as far back as 1875 to afford a deeper understanding of both economic history and the most recent economic fluctuations. Seven papers address specific aspects of economic activity: consumption, investment, inventory change, fiscal policy, monetary behavior, open economy, and the labor market. Five papers focus on aggregate economic activity. In a number of cases, the papers present findings that challenge widely accepted models and assumptions. In addition to its substantive findings, The American Business Cycle includes an appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series.

Keywords

Business cycles --- United States --- 330.33 <73> --- -AA / International- internationaal --- US / United States of America - USA - Verenigde Staten - Etats Unis --- 333.110 --- 331.030 --- 331.00 --- 331.01 --- 336.61 --- 333.80 --- 333.820 --- 333.846.0 --- -338.5420973 --- Economic cycles --- Economic fluctuations --- Cycles --- Financial crises --- Conjunctuurtheorieen. Krisistheorieen. Kondratiefcyclus--Verenigde Staten van Amerika. VSA. USA --- Centrale banken en parastatale kredietinstellingen: algemeen. Overheidsbemoeiïng inzake organisatie en verdeling van het krediet. --- Conjunctuurschommelingen: algemeenheden. --- Economische bewegingen: algemeenheden. --- Evolutie van de economische cycli. --- Financieel beleid. --- Geld-, bank- en kredietpolitiek. Kapitaalmarkt en -rente: algemeenheden. --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden. --- Verband tussen het monetair, bank- en kredietbeleid en de economische ontwikkeling: algemeenheden. --- Addresses, essays, lectures --- 330.33 <73> Conjunctuurtheorieen. Krisistheorieen. Kondratiefcyclus--Verenigde Staten van Amerika. VSA. USA --- 338.5420973 --- AA / International- internationaal --- Economische bewegingen: algemeenheden --- Evolutie van de economische cycli --- Conjunctuurschommelingen: algemeenheden --- Centrale banken en parastatale kredietinstellingen: algemeen. Overheidsbemoeiïng inzake organisatie en verdeling van het krediet --- Geld-, bank- en kredietpolitiek. Kapitaalmarkt en -rente: algemeenheden --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden --- Verband tussen het monetair, bank- en kredietbeleid en de economische ontwikkeling: algemeenheden --- Financieel beleid --- E-books --- Conjunctuur --- Verenigde Staten van Amerika --- Business cycles - United States --- america, united states, usa, jobs, career, economy, economics, finance, financial, income, wealth, peace, inflation, history, historical, unemployment, problems, great depression, joseph schumpeter, cycles, theory, theoretical, macroeconomics, external, postwar, investigation, academic, scholarly, research, fluctuation, model, assumption, data. --- United States of America


Book
Coping with crisis : government reactions to the great recession
Authors: ---
ISBN: 9780871540768 0871540762 1610447921 Year: 2012 Publisher: New York : Russell Sage Foundation,

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