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Since the famous debate between Keynes and Ohlin on German reparations payments after World War I, international transfers have attracted the attention of economists. Today the subject is of even greater importance, particularly for developing countries, with billions of dollars flowing between nations. In The Economics of International Transfers Brakman and van Marrewijk survey the history of the subject and provide an up-to-date framework for the modeling of transfers. Topics covered include welfare effects, distortions, third parties, rent-seeking, the "trade or aid" discussion, multi-lateral agencies, tied aid and imperfect competition.Read more
- The first book to give a comprehensive account of the economics of international transfers
- Includes important and original new research
- An easy-to-follow, up-to-date exposition including numerous examples and case studies, making this the most accessible book in this area, and the best starting point for non-specialists
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- Date Published: August 2009
- format: Paperback
- isbn: 9780521118729
- length: 232 pages
- dimensions: 229 x 152 x 13 mm
- weight: 0.35kg
- availability: Available
Table of Contents
1. General overview and stylized facts
2. The Keynes-Ohlin controversy
3. Welfare effects: Samuelson's theorem
4. Generalizations of Samuelson's theory
5. Clouds on the horizon 1: distortions
6. Clouds on the horizon 2: third parties
7. The economics of multilateral
8. The consequences of tied aid
9. Imperfect competition
10. Dynamics, money and the balance of payments
Appendix A: mathematical appendix.
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