Written form 1957 through 1978 by one of the foremost authorities in the
field of international economics, this collection of Peter Kenen's
previously published essays deals with issues in the pure theory of
international trade, international monetary theory, and international
monetary reform. The essays in Part I, "Trade, Tariffs, and Welfare,"
concern the roles of tangible and human capital in the determination of
trade patterns, the joint determination of demand conditions and trade
patterns, the gains from international trade, and the effects of
migration on economic welfare.
Part II, "International Monetary Theory and Policy," contains essays on
the theory of gold-exchange standard, the determination of forward
exchange rates, the demand for international reserves, economic
integration and the delineation of currency areas, and the process of
balance of payments adjustment under pegged and floating exchange
rates.
The essays in Part III, "Monetary Reform and the Dollar," are arranged
in chonological order, from 1963 through 1977, and focus on the problems
and progress of international monetary reform and on the functioning of
the present international monetary system.
Peter B. Kenen is Walker Professor of Economics and International
Finance at Princeton University.
The Princeton Sereies of Collected Essays provides facsimile reprints,
in paperback and in cloth, of important articles by leading scholars.
Originally published in 1981.
The Princeton Legacy Library uses the latest print-on-demand
technology to again make available previously out-of-print books from
the distinguished backlist of Princeton University Press. These editions
preserve the original texts of these important books while presenting
them in durable paperback and hardcover editions. The goal of the
Princeton Legacy Library is to vastly increase access to the rich
scholarly heritage found in the thousands of books published by
Princeton University Press since its founding in 1905.
