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Currencies and Crises
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Currencies and Crises Paperback - 1995

by Paul Krugman

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Reader reviews for Currencies and Crises

From the publisher

This new collection revolves around Krugman's work on international monetary economics from the late 1970s to the present in an effort to make sense of a turbulent period that "involved one surprise after another, most of them unpleasant."

Paul Krugman's first collection of essays, Rethinking International Trade, mounted a spirited assault on established trade theory and proposed an alternative approach to account for increasing returns and imperfect competition. Less theoretical and more embedded in real-world experience, this new collection revolves around Krugman's work on international monetary economics from the late 1970s to the present in an effort to make sense of a turbulent period that "involved one surprise after another, most of them unpleasant." The eleven essays cover such key areas as the role of exchange rates in balance-of-payments adjustment policy, the role of speculation in the functioning of exchange rate regimes, Third World debt, and the construction of an international monetary system. They are unified by the same basic methodology and style the construction of a small theoretical model in order to simplify or clarify a puzzling or difficult world monetary problem.

First line

There is widespread, though not universal, agreement that the large imbalances in industrial-country accounts that emerged in the 1980s should be narrowed.

Details

  • Title Currencies and Crises
  • Author Paul Krugman
  • Binding Paperback
  • Edition New edition
  • Pages 240
  • Volumes 1
  • Language ENG
  • Publisher MIT Press, Cambridge, MA, U.S.A.
  • Publication date 1995-02-23
  • ISBN 9780262611091 / 0262611090
  • Weight 0.7 lbs (0.32 kg)
  • Dimensions 9.02 x 5.92 x 0.49 in (22.91 x 15.04 x 1.24 cm)
  • Age range 18 to UP years
  • Grade levels 13 - UP
  • Category Business / Economics / Finance
  • Dewey Decimal Code 332.45

About the author

Paul Krugman is Professor of Economics and International Affairs at Princeton University and a New York Times columnist. He was awarded the Nobel Prize for Economics in 2008.

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Currencies and Crises
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Currencies and Crises

by Krugman, Paul

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