Global Economic Issues and Policies (2nd Edition)

Introduction to the global economy -- Understanding the global economy -- Comparative advantage : how nations can gain from international trade -- International trade : enduring issues -- Sources of comparative advantage -- Regulating international trade : trade policies and their effects -- Regionalism and multilateralism -- International finance : enduring issues -- Balance of payments and foreign exchange markets -- Exchange-rate systems, past to present -- The power of arbitrage : purchasing power and interest rate parities -- Global money and banking : where central banks fit into the world economy -- Contemporary global economic issues and policies -- Can globalization lift all boats? -- Economic development -- Industrial structure and trade in the global economy : businesses without borders -- The public sector in the global economy -- Dealing with financial crises : does the world need a new international financial architecture? -- Glossary -- Index

Introduction to the global economy -- Understanding the global economy -- Comparative advantage : how nations can gain from international trade -- International trade : enduring issues -- Sources of comparative advantage -- Regulating international trade : trade policies and their effects -- Regionalism and multilateralism -- International finance : enduring issues -- Balance of payments and foreign exchange markets -- Exchange-rate systems, past to present -- The power of arbitrage : purchasing power and interest rate parities -- Global money and banking : where central banks fit into the world economy -- Contemporary global economic issues and policies -- Can globalization lift all boats? -- Economic development -- Industrial structure and trade in the global economy : businesses without borders -- The public sector in the global economy -- Dealing with financial crises : does the world need a new international financial architecture? -- Glossary -- Index.

This introduction to all aspects of international economics, public policy, business, and finance is the clearest guide available to the economics of the world we live in. Written in a highly engaging style, packed full of up-to-the minute, real-world case studies and pitched at an introductory level, the book does an expert job of drawing students in and will leave them equipped with a comprehensive toolkit of methods and essential facts. Covering the wide range of economic issues and policies generated by globalization, the text provides an introduction to the topic that emphasizes facts as

Introduction to the global economy -- Understanding the global economy -- Comparative advantage : how nations can gain from international trade -- Unit two: International trade : enduring issues -- Sources of comparative advantage -- Regulating international trade : trade policies and their effects -- Regionalism and multilateralism -- Unit three: International finance : enduring issues -- Balance of payments and foreign exchange markets -- Exchange rate systems : past to present -- The power of arbitrage : purchasing power and interets rate parities -- Global money and banking : where central banks fit into the world economy -- Unit four: Contemporary global economic policies and issues -- Contemporary global economic issues and policies -- Economic development -- Industrial structure and trade in the global economy : businesses without borders -- The public sector in the global economy -- Dealing with financial crises : does the world need international financial architecture