Greenhalgh, C. A., Suer, B., Taylor, P. and Wilson, Robert A. (1992) Trade performance and innovatory activity : a review. In: Fifteenth Annual Conference of the International Economics Study Group, University of Nottingham, 1990. Published in: External imbalances and policy constraints in the 1990s ISBN 9780312079789.

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Abstract

When does a current account payments deficit become a policy problem? This study reconsiders the current account in the context of integrated world capital markets. Two studies appraise "rules of the game" in the form of exchange rate management (based on FEERs) and the implications of ERM membership. The remaining papers investigate the current account from two viewpoints. With capital market integration, the current account position reflects the net outcome of government and private financing decisions. Since these decisions will be taken against a background of economic performance, however, the alternative trade competitiveness focus retains relevance. Developments in both trade and financing patterns are investigated in the OECD economies and in the context of the less developed countries. The case of the UK receives particular emphasis with financing and competitiveness issues fully appraised. Chris Miller has written on international economics for the "Economic Journal" and the "European Economic Review". Nick Snowden has also written "International Institutions in Trade and Finance" (with A.I. MacBean) and "Emerging Risk in International Banking".

Item Type:	Conference Item (Paper)
Subjects:	H Social Sciences > HF Commerce H Social Sciences > HG Finance
Divisions:	Faculty of Social Sciences > Institute for Employment Research
Library of Congress Subject Headings (LCSH):	Balance of trade, Exports, Balance of payments, International trade, International business enterprises
Journal or Publication Title:	External imbalances and policy constraints in the 1990s
Publisher:	Macmillan
ISBN:	9780312079789
Official Date:	1992
Dates:	Date Event 1992 Published
Status:	Peer Reviewed
Publication Status:	Published
Conference Paper Type:	Paper
Title of Event:	Fifteenth Annual Conference of the International Economics Study Group
Type of Event:	Conference
Location of Event:	University of Nottingham
Date(s) of Event:	1990
Related URLs:	Other Repository

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