World Trade and Payments An Introduction
World Trade and Payments: An Introduction by Richard E. Caves, published by Addison-Wesley in 2002, spans 634 pages and is presented in English. This edition is recognized for its comprehensive exploration of international trade and finance, featuring a balanced approach that combines empirical research with sophisticated models. Notably, it includes an all-new chapter on Emerging Markets, which examines the East Asia crisis of 1997-98, alongside existing discussions on less developed countries and open economies.
Readers will find updated text, data, and examples throughout, reflecting the latest developments in globalization and the political economy of trade control. The Ninth Edition also introduces two additional chapters: one on Interdependence and another on Supply, which enhance the previous edition’s focus on aggregate supply and policy coordination. Topics covered include international tariffs, multinational enterprises, and the World Trade Organization, making this book a thorough resource for those interested in the dynamics of global economics and trade.
Official synopsis Publisher
World Trade and Payments is renowned for its clear, in-depth coverage of international trade and finance. Along with its hallmark balance of empirical research and sophisticated models the Ninth Edition offers an all-new chapter on Emerging Markets, which takes a close look at the East Asia crisis of 1997-98 and complements nicely the existing chapter on LDCs and open economies. Two other new chapters appear in this edition: Chapter 25 on Interdependence and Chapter 26 on Supply, which have been adapted from the previous edition’s coverage of aggregate supply and policy coordination. As always, text, data, and example are updated throughout, and the text offers the latest on globalization, political economy of trade control, wages, international tariffs, multinational enterprise, development of newly industrialized countries, and the World Trade Organization.
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