Introduction to International Economics

HENK JAGER is Professor of International Economics at the University of Amsterdam, The Netherlands. He was visiting professor at the Catholic University Leuven, Anton de Kom University of Surinam, University of Michigan (Ann Arbor), and the University of Antwerp. He has published numerous articles in the field of international finance, has contributed to books and written for journals such as Journal of International Economics, Journal of International Money and Finance, European Economic Review, and Review of World Economics. He has also (co-)edited several books and special journal issues on wide-ranging topics as the economics of international security, the EMU and economic decision-making. CATRINUS JEPMAis Professor of Energy and Sustainability at the University of Groningen. From 1994 to 2007 he was (coordinating) lead author of the Intergovernmental Panel on Climate Change (IPCC), which was jointly awarded the 2007 Nobel Peace Prize. He is currently Scientific Director of the Energy Delta Gas Research Program and Scientific Director of the Energy Delta Institute, both in the Netherlands. He has lectured on international economics for over 25 years and is the author of several publications on issues related to international economics, energy and the environment.

• PrefaceAspects of International EconomicsInternationalization and the World EconomyInternational Trade TheoryInternational Production Factors, Foreign Direct Investment, and the Multinational EnterpriseTrade Policy: A Welfare Theory AnalysisModern Arguments Relating to ProtectionTrade Policy and Market Reforms: A Microeconomic AnalysisThe Practice of ProtectionBusiness, Government and LobbyingEconomic IntegrationThe Balance of Payments and the Foreign-exchange MarketInternational Capital FlowsExchange-rate Explanation and PredictionExchange-rate Systems and EffectsInternational Risk: Types and HedgesInternational Monetary CooperationA Financial Obstacle to Economic Development: The World Debt CrisisA Financial Obstacle to Economic Development: Currency CrisesIrrevocably Fixed Exchange Rates: Recent ExperiencesBibliographyIndex.

"An increasing number of business people are confronted with aspects of international economics, such as exchange rate movements, capital flows, the functioning of the European Economic and Monetary Union, and trade flows. This book provides the much-needed non-technical introduction into the field." Eelke de Jong, Professor of International Economics, Radboud University Nijmegen, The Netherlands 'This is a really outstanding text. Interspersed with well-researched case studies, it provides a good balance between theory and practice. I strongly recommend this very useful new and updated edition.' Erik Dirksen, Lecturer at Amsterdam Business School, The Netherlands