Contemporary Economic Issues Trade, Payments and Debt
A comprehensive overview of current research in the field of trade, payments and debt. Grossman and Helpman provide a non-technical review of the literature on technological deteminants of trade. Thisse and Fujita discuss current work on the spatial confi
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CONTEMPORARY ECONOMIC ISSUES Congress Editor: Michael Bruno Volume 1 REGIONAL EXPERIENCES AND SYSTEM REFORM Justin Yifu Lin (editor) Volume 2 LABOUR, FOOD AND POVERTY Yair Mundlak (editor) Volume 3 TRADE, PAYMENTS AND DEBT Daniel Cohen (editor) Volume 4 ECONOMIC BEHAVIOUR AND DESIGN Murat Sertel (editor) Volume 5
MACROECONOMICS AND FINANCE Holger C. Wolf (editor)
International Economic Association Series Standing Order ISBN 978-0-333-71242-9 (outside North America only) You can receive future titles in this series as they are published by placing a standing order. Please contact your bookseller or, in case of difficulty, write to us at the address below with your name and address, the title of the series and the ISBN quoted above. Customer Services Department, Macmillan Distribution Ltd Houndmills, Basingstoke, Hampshire R021 6XS, England
Contemporary Economic Issues Proceedings of the Eleventh World Congress of the International Economic Association, Thnis Congress Editor: Michael Bruno
Volume 3 TRADE, PAYMENTS AND DEBT Edited by
Daniel Cohen
~ in association with the ~
PALGRAVEMACMILLAN
First published in Great Britain 1998 by
MACMILLAN PRESS LTD
Houndmills, Basingstoke, Hampshire RG21 6XS and London Companies and representatives throughout the world A catalogue record for this book is available from the British Library. ISBN 978-1-349-26086-7 ISBN 978-1-349-26084-3 (eBook) DOI 10.1007/978-1-349-26084-3
First published in the United States of America 1998 by
ST. MARTIN'S PRESS, INC.,
Scholarly and Reference Division, 175 Fifth Avenue, New York, N.Y. 10010
ISBN 978-0-312-17760-7 Library of Congress Cataloging-in-Publication Data International Economic Association. World Congress (11th: 1995 : Tunis, Tunisia) Contemporary economic issues / congress editor Michael Bruno. p. cm. - (lEA conference volume; 122, 123, 125) Includes bibliographical references and index. Contents: - v. 2. Labour, food and poverty / edited by Yair Mundlak - v. 3. Trade, payments and debt / edited by Daniel Cohen - v. 5. Macroeconomics and finance / edited by Holger Wolf. ISBN 978-0-312-17744-7 (cloth: v. 2). - ISBN 978-0-312-17760-7 (cloth v. 3). -ISBN 978-0-312-17759-1 (cloth: v. 5) I. Economics-Congresses. 2. Economic policy-Congresses. 3. Finance-Congresses. I. Bruno, Michael. II. Mundlak, Yair, 1927. III. Cohen, Daniel, 1953. IV. Wolf, HolgerC. V. Title. VI. Series: I.E.A. conference volume; no. 122, etc. HB21.165 1995 33O-dc21 95-4526 CIP © International Economic Association 1998
Softcover reprint of the hardcover 1st edition 1998 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London WI P 9HE. UNESCO Subvention 1994-95/SHSIIDS/41 Any per
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