An aggregate theory of international payments adjustment /
Gray, H. Peter.
An aggregate theory of international payments adjustment / - Lexington, Mass.: Lexington Books, c1974. - x, 213 p. :ill,
Includes index
Includes bibliographical references.
As the title implies, this book is attempting to integrate long term capital flows both direct and portfolio-into international economic adjustment analysis. It noted that the accepted equilibrium adjustment explanation is really a trade adjustment theory. The model presented is designed to liberate balance-of-payments theory from the general equilibrium framework in which it has been confined.
0669859281
Balance of payments.
HG3881 / .G67 1974b
382.17 / GRA
An aggregate theory of international payments adjustment / - Lexington, Mass.: Lexington Books, c1974. - x, 213 p. :ill,
Includes index
Includes bibliographical references.
As the title implies, this book is attempting to integrate long term capital flows both direct and portfolio-into international economic adjustment analysis. It noted that the accepted equilibrium adjustment explanation is really a trade adjustment theory. The model presented is designed to liberate balance-of-payments theory from the general equilibrium framework in which it has been confined.
0669859281
Balance of payments.
HG3881 / .G67 1974b
382.17 / GRA