The Political Economy of Monetary Reform

Front Matter....Pages iii-xiii
Front Matter....Pages 1-1
Monetary Rules and Monetary Reform....Pages 3-12
On the Political Economy of Monetary Integration: A Public Economics Approach....Pages 13-31
Current Account Targets and Managed Floating....Pages 32-41
Beyond Fixed Parities: The Analytics of International Monetary Agreements....Pages 42-56
Front Matter....Pages 57-57
Stability and Exchange Rate Systems in a Monetarist Model of the Balance of Payments....Pages 59-73
International Investment and Interest Rate Linkages under Flexible Exchange Rates....Pages 74-96
New Cambridge Macroeconomics, Assignment Rules and Interdependence....Pages 97-105
Capital Mobility and Portfolio Balance....Pages 106-125
Interrelations Between Domestic and International Theories of Inflation....Pages 126-154
Front Matter....Pages 155-155
The Interdependence of Monetary, Debt and Fiscal Policies in an International Setting....Pages 157-178
Monetary Interdependence among Major European Countries....Pages 179-204
International Reserves and Capital Mobility....Pages 205-219
World Inflation, International Relative Prices and Monetary Equilibrium under Fixed Exchange Rates....Pages 220-242
Back Matter....Pages 243-270