America and the World Political Economy: Atlantic Dreams and National Realities |
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Page 111
... domestic deflation or currency devaluation . The postwar system has been strongly biased in favor of fixed exchange rates , in other words , against devaluation and in favor of deflation . But , as we note above , throughout the postwar ...
... domestic deflation or currency devaluation . The postwar system has been strongly biased in favor of fixed exchange rates , in other words , against devaluation and in favor of deflation . But , as we note above , throughout the postwar ...
Page 141
... domestic welfare . Close and harmonious coordi- nation of domestic policies is difficult among more than a handful of closely related states . Yet states must constantly be reminded of the external consequences of their policies , and ...
... domestic welfare . Close and harmonious coordi- nation of domestic policies is difficult among more than a handful of closely related states . Yet states must constantly be reminded of the external consequences of their policies , and ...
Page 289
... domestic money supply . Attractive forward rates and other poli- cies failed to stanch the dollar flow . Meanwhile , high German in- terest rates to check domestic inflation simply attracted more dollars into deutschmarks , thus not ...
... domestic money supply . Attractive forward rates and other poli- cies failed to stanch the dollar flow . Meanwhile , high German in- terest rates to check domestic inflation simply attracted more dollars into deutschmarks , thus not ...
Contents
General Considerations | 3 |
Main Issues within the Atlantic | 85 |
Basic Balance of Payments 1970 | 98 |
Copyright | |
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abroad agricultural Ameri American policy Atlantic Community Atlanticism Atlanticist billion bloc Britain British Canada capital commercial Common Market competition corporations costs currency devaluation developed countries direct investment domestic dominant economic and political economic efficiency economic policy economic system economists EFTA Empire Eurodollar Europe's European Community exchange exports federalism foreign investments France free trade GATT Gaulle Germany growing growth hegemony Hence ideal imperial imports increasingly indifference curve industrial integration interdependence interests international economic Japan Japanese Kennedy Round Latin America less liquidity major manufactures ment mercantilist military millions of U.S. modern monetary system multinational nation-state nomic official overseas percent plural postwar Prebisch preferences production protectionism rates regional reserve reserve currency Ricardo role seemed social society special drawing rights Table tariffs Third World Third-World countries tion Trade Policy trade surplus U.S. dollars UNCTAD union United Western Europe Williams Report