Since the famous debate between Keynes and Ohlin on German reparation payments after World War I, international transfers have attracted the attention of economists. Today the subject is of even greater importance with billions of dollars flowing between nations as unilateral transfers. However the emphasis has shifted from balance-of-payments issues to the welfare consequences following a transfer and in particular the welfare issues arising from aid to developing countries. In The Economics of International Transfers, first published in 1998, Professors Brakman and van Marrewijk present an overview of transfers (including the history of transfers and current transfer flows) and their own unified framework in which they present important and original research. Subjects considered 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
Not yet reviewed
Be the first to review
Review was not posted due to profanity×
- 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.
Find resources associated with this titleYour search for '' returned .
Type Name Unlocked * Format Size
This title is supported by one or more locked resources. Access to locked resources is granted exclusively by Cambridge University Press to lecturers whose faculty status has been verified. To gain access to locked resources, lecturers should sign in to or register for a Cambridge user account.
Please use locked resources responsibly and exercise your professional discretion when choosing how you share these materials with your students. Other lecturers may wish to use locked resources for assessment purposes and their usefulness is undermined when the source files (for example, solution manuals or test banks) are shared online or via social networks.
Supplementary resources are subject to copyright. Lecturers are permitted to view, print or download these resources for use in their teaching, but may not change them or use them for commercial gain.
If you are having problems accessing these resources please contact firstname.lastname@example.org.
Sorry, this resource is locked