Maintaining and restoring balance in international trade [online] / Fritz Machlup, William Fellner and Robert Triffin

Frontmatter Foreword Preface The contributors Contents 1. Introduction

PART I: Comprehensive papers 2. Rules of the Game, Vintage 1966 3. In Search of Guides for Policy 4. The Balance-of-Payments Seesaw

PART II: Papers on special issues 5. On Limited Exchange-rate Flexibility 6. Adjustment, Employment, and Growth 7. The Speed of Adjustment 8. The Objectives of Economic Policy and the Mix of Fiscal and Monetary Policy Under Fixed Exchange Rates 9. Financing and Adjustment: The Carrot and the Stick 10. Limitations of Monetary and Fiscal Policy 11. Money Rates of Interest, Real Rates of Interest, and Capital Movements 12. The Capital Account in the Balance of Payments 13. Wage-and-Price Guideposts in the Context of Balance-of-Payments Adjustment 14. Capital Markets and the Balance of Payments of a Financial Center 15. Alternative Methods of Restoring Balance 16. Adjustment Responsibilities of Surplus and Deficit Countries 17. A Statistical Framework for Monetary and Income Analysis 18. Impact of the Adjustment Process on Developing Countries

Notes on Terminology Index

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