Le lancinant problème des balances de paiements

Name: Le lancinant problème des balances de paiements
Author: Jacques Rueff

1966

by Jacques Rueff

Balance of PaymentsJacques RueffKnowledge EconomicsPolitical EconomyInflationMonetary TheoryMonetary PolicyDiscount RateExchange ControlMercantilismMathematical EconomicsMethodologyGold StandardGreat DepressionInternational LiquidityGold ReservesInternational Monetary FundClassical EconomicsComparative AdvantageDavid RicardoJohn Maynard KeynesJohn Stuart MillKeynesian EconomicsPaul SamuelsonExchange RatesCapital MovementsCapital FlightEconomic DevelopmentConvertibilityMarshall PlanCentral BankingOpen Market OperationsFederal ReserveReparationsCommodity MoneyPrice LevelPrice TheoryPurchasing PowerBretton WoodsAutarkyBank of EnglandEconomic PolicyLeague of NationsPrice MechanismHjalmar SchachtPlanned EconomyDevaluationPrice ControlsEconomic CalculationCustoms UnionLiberalismSocial PolicyStabilizationWagesMonetary StabilityProtectionismEffective DemandDeficit SpendingInternational TradeTrade PolicyEquilibriumFrederic BastiatJean-Baptiste SayLiquidityQuantity Theory of MoneyDeflationMoney SupplyVelocity of CirculationSay's LawHoardingMonetary EquilibriumSavingBank of FranceMoney MarketPrice StabilityPolitical PhilosophyInvestmentBankingUnemploymentInterest RatesSupply and DemandFiat MoneyLegal TenderElasticity of DemandCredit ExpansionStandard of Living

Table of Contents · 85 segments

Publisher Series Catalogue and Half-Titlebibliography

Works by the Same Authorbibliography

Title Page, Copyright, Dedication, and Printingsessay

Introduction: The Eternal Problem of the Egg and the Henchapter

Introduction: A Research Program for Balance-of-Payments Theoryessay

Part I and Chapter 1 Opening: The 1960s Dollar Deficit Problemchapter

World Importance of the United States Balance of Paymentschapter

The United States Government Position on the Deficit and Liquiditychapter

Economists, Keynes, and Rueff on Balance-of-Payments Theorytheoretical

Empirical Tests of Balance-of-Payments Equilibrium: Gold Standard Evidencechapter

Rich and Poor Countries, Invisible Receipts, and Trade-Balance Paradoxeschapter

French War Indemnity Payments as Evidence of Automatic Adjustmentchapter

World War I Portfolio Liquidation and France's Commercial Balancechapter

French Capital Exports, Reparations, and Trade-Balance Adjustmentchapter

Germany, Reparations, and the Keynes-Rueff Transfer Debatetheoretical

United States Trade Surplus, Invisible Payments, and the Self-Restraint Predictionchapter

V. Facts of Disequilibrium: The Scarcity of the Dollaressay

V. Facts of Disequilibrium: The Effect of the Gold-Exchange Standardessay

VI. Outline of a Theory of Balance of Paymentstheoretical

VII. Political Conclusion on U.S. Balance-of-Payments Policyessay

VIII. General Observations on Monetary Theory, Research, and Freedom of Exchangeessay

Chapter II: Improbability and Historical Evidence on the 1949 Balance-of-Payments Problemchapter

Sketch of a Theory of Balance-of-Payments Adjustmenttheoretical

Efficiency and Sensitivity of Stabilizing Monetary Mechanismstheoretical

Monetary Perversions: Inflation and the Dollar Shortagetheoretical

Marshall Plan Counterpart Funds as a Source of Persistent Deficitstheoretical

The International Monetary Fund as a Deficit-Maintaining Mechanismtheoretical

The Alternative: Effective Trade Planning or Restored Monetary Mechanismstheoretical

Conclusion: Political Psychology and a Policy Proposal for Restoring Convertibilityessay

Chapter III opening: Import-Export plan and professional bilateralismchapter

Prewar balance-of-payments adjustment and French historical evidencechapter

Exchange controls, clearing, and the IMF as breakdown of adjustmentchapter

Limits of national planning and the British 1947-1948 examplechapter

Bretton Woods and the illusion of international planningchapter

Arbitrary foreign-exchange allocation under the Import-Export systemchapter

Return to metallic convertibility, civilization, and social policychapter

Chapter IV headingchapter

The Problem in 1928: Transfer Organization as an Economic Errorchapter

The Theory of Transfers and the Claimed Risk to the Marktheoretical

Prewar Automatic Equilibrium in International Settlementstheoretical

France’s Trade Balance after 1914theoretical

Prices and the Equilibrium of International Paymentstheoretical

France 1919–1922 as an Example of Balance-of-Payments Adjustmenttheoretical

Monetary Depreciation and Transfer Adjustmenttheoretical

Reparations Transfers as a Budgetary Problemessay

Keynes’s First Objection and Rueff’s Purchasing-Power Responseessay

Keynes’s Second Objection: Economic Frictions and Natural Export Levelsessay

France after 1919: Allied Credits, Trade Deficits, and Capital Exportsessay

French Indemnities, Reconstruction, and the Rejection of Natural Export Levelsessay

Tariffs, Dawes and Young Transfers, and the Sensitivity of Balance-of-Payments Mechanismsessay

Economic Fluidity and the Choice between Liberal and Organized Economyessay

Chapter V Opening: The Balance of Trade Fallacy and Misleading Terminologychapter

Bastiat’s Parable of Favorable and Unfavorable Trade Balanceschapter

Critique of the National Economic Council and Evidence for Automatic Adjustmentchapter

The Mechanism of External Equilibrium and the Futility of Trade Controlschapter

Second Part Introduction: Toward a Theory of the Balance of Paymentstheoretical

Chapter VI Introduction: Monetary Regulation and the Institutional Problem of Moneychapter

Measuring Aggregate Demand and Desired Cash Balancestheoretical

Credit, Discounting, and the Monetary Effects of Bank Escomptetheoretical

Monetary Regulation through Desired Balances, Discount Rates, and Money Marketstheoretical

Inflationtheoretical

The Parable of the Dinnertheoretical

Balance of Payments Equilibriumtheoretical

The New Commandment of Austeritytheoretical

The Institutional Problem of Moneytheoretical

Chapter VII Front Matter and Outlinechapter

Living Money, Monetary Authorities, and the Sovereignty of Money Userstheoretical

Joint Effects of Increased Supply or Reduced Demand on Prices and Interest Ratestheoretical

Monetary Systems and Cash-Balance Supply in Fully Inelastic Currency Regimestheoretical

Cash-Balance Supply in Exclusively Metallic Monetary Systemstheoretical

Monetization of Monetary Claims and the Introduction of the Discount Ratetheoretical

Confronting the Theory with Central-Banking Practicetheoretical

Cash-Balance Supply under the Gold-Exchange Standardtheoretical

Nature of the Discount Ratetheoretical

Suggestions for a Theory of International Exchangetheoretical

Principles of Discount Policytheoretical

Economic Philosophy of Monetary Adjustmenttheoretical

Postscript on Pierre Berger and Desired Cash Balancesessay

Chapter VIII: General Observations on Monetary Regulationchapter

Table of Contents: Introduction and Opening of Part Onebibliography

Continued table of contents and imprintbibliography

Press reception of Le Lancinant Problème des balances de paiementsessay

Advertisement and reviews for L'Age de l'inflationessay

Payot publisher contact noticeessay

Back-cover blurb for Le Lancinant Problème des balances de paiementsessay