Central Bank of Nigeria Library

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An aggregate theory of international payments adjustment /

By: Material type: TextTextPublication details: Lexington, Mass.: Lexington Books, c1974.Description: x, 213 p. :illISBN:
  • 0669859281
Subject(s): DDC classification:
  • 382.17 GRA
LOC classification:
  • HG3881 .G67 1974b
Summary: 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.
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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.

usc 30/4/18

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