Trade and Tax Policy, Inflation and Exchange Rates

The volume presents a collection of papers on inflation, exchange rates, trade and tax policy in the global economy which are the result of a German-Israeli cooperation.

Topical, international problems in stabilisation policy, exchange rate mechanisms, trade policy and taxation Theoretical analysis with empirical applications, public choice approach applied to trade policy, interactions between trade and factor flows, co-ordination of international taxation Comprehensive analysis of important problems in international economics in the 1980s and 1990s

Klappentext

This book deals with a broad range of problems in international economics. The book analyses economic problems in stabilisation policy, exchange rate regimes and international trade policy and taxation. It contains a comprehensive analysis of important problems in international economics in the 1980s and 1990s. The first part of the book deals with anti-inflation policies in open economies, where exchange rate regimes play a crucial role. The monetary analysis is combined in the second part with a discussion on recent advances in real trade theory and its applications. The volume is a result of a co-operation between the Universities of Tel Aviv (Israel) and Konstanz (Germany).

Inhalt
A. Inflation, Exchange Rates and Macro-Economic Ajustment in the Global Economy.- I. Central Bank Independence, Political Influence and Macroeconomic Performance: A Survey of Recent Developments.- II. Fiscal Balance During Inflation, Disinflation, and Immigration: Policy Lessons.- III. A New Breed of Exchange Rate Bands: Chile, Israel and Mexico.- IV. The International Transmission of Economic Shocks in a Three-Country World under Mixed Exchange Rates.- B. Trade and Tax Policies in the Global Economy.- V. Trade Wars and Trade Talks.- VI. Trade Liberalization, Privatization, and Restructuring Incentives.- VII. The Internationalisation of Economic Activity and Tariff Policy.- VIII. Indirect Taxation in an Integrated Europe: Is There a Way of Avoiding Trade Distortions without Sacrificing National Tax Autonomy?.- Addresses of the Authors.