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商品詳細

Name: The Globalization of Markets. Capital Flows, Exchange Rates and Trade Regimes.
Author: Stein, J. L. (ed.)
ISBN: 978-3-7908-0965-7

The Globalization of Markets. Capital Flows, Exchange Rates and Trade Regimes. 市場の国際化－資本移動・為替相場・貿易制度

・ISBN 978-3-7908-0965-7 hard

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著者・編者	Stein, J. L. (ed.),
出版社	(Physica-Vlg., GW)
出版年月	1997
ページ数	122 pp.
言語	ENG
ニュース番号	＜427-296＞

解説

With the integration of Europe, there are free movements in goods, services, short and long term capital, and direct investment. The German mark is the key currency in Europe and its value will affect the equilibrium bilateral exchange rates of the other currencies in the EU. It is important to examine the following issues. What determined the trends in the value of the mark? How do we evaluate whether exchange rates are misaligned? Should term capital flows be taxed? What are the effects of regional trading blocs upon trade liberalization? What are the causes of direct foreign investment by multinationals? There is a unity to this book. The authors are senior scholars who approach the subject from the theoretical, policy oriented and econometric points of view.