Dollars Deficits & Trade

Name: Dollars Deficits & Trade
Brand: Springer
SKU: 9789401712903
Price: 19551 HUF
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Szerző: James A. Dorn, William A. Niskanen

Nyelv:

Kötés: Puha kötésű

Kiadó: Springer

Elérhetőség: Beszállítói készleten

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The essays in this volume are timelyand provocative. They address the key issues of the changing wor...

Információk a könyvről

Szerző

James A. Dorn, William A. Niskanen

Nyelv

Angol

Kötés

Könyv - Puha kötésű

Kiadva

2013

oldal

443

EAN

9789401712903

ISBN

9401712905

Enbook ID

05323775

Kiadó

Springer

Súly

694

Méretek

155 x 235 x 25

Teljes leírás

The essays in this volume are timelyand provocative. They address the key issues of the changing world economy and consider the implications ofthe erosion ofthe rule oflaw that has occurred both domestically and internationally to an increasing degree over the past halfcentury. The debates over the role of the dollar in the international econ omy, the future shape ofthe international monetary system and the exchange rate regime, the significance ofthe U. S. twin deficits, and the rise of nontariffbarriers to world trade deserve serious attention. Atthe bottom ofthese debates lie differing conceptions ofeconomic policy and the role of government in a free society. Adam Smith's vision ofa limited democracy operating to protect persons and prop erty has been increasinglyreplaced by a vision ofapaternalistic state that is designed to protect special interests at the expense of the larger society. Many of the contributors to this volume point to the lack oflong-run rules designed to promote sound money, fiscal integ rity, and open markets asthe fundamental flawofmodern democratic governments. Although the authors disagree on the specific rules to adopt, the consensus is that a constitutional perspective is needed to ensure astable worldorder. Moreover,since such aperspective must bedeveloped at home before it can spread among nations,the search for optimal international policy coordination is generally seen as misguided. Many ofthe essays in this volume were initially presented at the Cato Institute's Sixth Annual Monetary Conference held in Wash ington, D. C. , February 25-26, 1988.

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