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Maintaining and restoring Balance in International Payments

1966

by Fellner et al

International LiquidityFritz MachlupGottfried HaberlerJames TobinRobert TriffinEffective DemandFiscal PolicyMonetary PolicyBretton WoodsExchange ControlBalance of PaymentsCapital MovementsClassical EconomicsResource AllocationComparative AdvantageDeflationInflationProtectionismDevaluationTerms of TradeEconomic DevelopmentProductivity of CapitalLiberalismPrice StabilityUnemploymentGold ReservesInternational Monetary FundLiquidityMoney SupplyLaissez-faireNationalismExchange RatesMilton FriedmanSpeculationPaul SamuelsonPhillips CurveInterest RatesPurchasing PowerIncome DistributionProductivityCapital Accumulation

Table of Contents · 34 segments

1
Front Matter and Forewordtheoretical
2
Preface: The Story Behind the Symposiumtheoretical
3
The Contributors and Table of Contentstheoretical
4
Chapter 1: Introductiontheoretical
5
Chapter 2: Rules of the Game, Vintage 1966essay
6
Chapter 3: In Search of Guides for Policy (Sections 1-3)essay
7
Choosing between Financial Correctives and Real Adjustmenttheoretical
8
Choosing Between Real Correctives and Real Adjustmenttheoretical
9
Choosing between Aggregate-Demand and Exchange-Rate Adjustmenttheoretical
10
Choosing between Fiscal and Monetary Adjustments of Demandtheoretical
11
Choosing between Exchange-Rate Adjustment and Direct Controlstheoretical
12
Judging the Priorities of Conflicting Objectivestheoretical
13
The Balance-of-Payments Seesaw (Robert Triffin)chapter
14
Diagnosis of Disturbances and Remedial Prescriptionstheoretical
15
Statistical Framework and Source Diagnosisfootnotes
16
Remedial Policies for Demand and Competitivenesstheoretical
17
External Financing, Restrictions, and International Compatibilitytheoretical
18
Chapter 5: On Limited Exchange-rate Flexibilitychapter
19
Chapter 6: Adjustment, Employment, and Growthchapter
20
Chapter 7: The Speed of Adjustmentchapter
21
Chapter 8: The Objectives of Economic Policy and the Mix of Fiscal and Monetary Policychapter
22
Chapter 9: Financing and Adjustment: The Carrot and the Stickchapter
23
Chapter 10: Limitations of Monetary and Fiscal Policychapter
24
Chapter 11: Money Rates of Interest, Real Rates of Interest, and Capital Movementschapter
25
Chapter 12: The Capital Account in the Balance of Paymentschapter
26
Chapter 13: Wage-and-Price Guideposts in the Context of Balance-of-Payments Adjustmentchapter
27
Chapter 14: Capital Markets and the Balance of Payments of a Financial Centerchapter
28
Chapter 15: Alternative Methods of Restoring Balancechapter
29
Chapter 16: Adjustment Responsibilities of Surplus and Deficit Countrieschapter
30
Chapter 17: A Statistical Framework for Monetary and Income Analysischapter
31
Chapter 18: Impact of the Adjustment Process on Developing Countrieschapter
32
The Adjustment Process in Developing Countrieschapter
33
Notes on Terminologytheoretical
34
Indexbibliography