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The Monetary Approach to the Balance of Payments (Collected Works of Harry Johnson)

ISBN: 9780415837149 | 0415837146
Edition: 1st
Format: Hardcover
Publisher: Routledge
Pub. Date: 3/15/2013

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This book collects together the basic documents of an approach to the theory of the balance of payments and balance of payments policy developed in the 1970s. The approach marked a return to the historical traditions of international monetary theory after some thirty years of departure from them a departure occasioned by the international collapse of the 1930s, the Keynesian Revolution and a long period of war and post-war reconstruction in which the international monetary system was fragmented by exchange controls, currency inconvertibility and controls over international trade and capital movements.


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