The World Economy: A Textbook in International Economics.

Shelagh A. Heffernan · John Williamson · Chris R. Milner

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Global trade and economics Global Financial Crisis and Policies Economic, financial, and policy analysis

Abstract

Introduction: Historical perspective. Part 1 Trade theory: comparative advantage Heckscher-Ohlin model extending the neo-classical model beyond factor endowments models of intra-industry trade. Part 2 Trade policy: the gains of trade trade interventions and the old protectionism economics of the new protectionism normative issues in trade policy. Part 3 Open economy macroeconomics: accounting framework current account capital flows flexible exchange rates. Part 4 Development: trade and development factor accumulation in the open economy. Part 5 World economy: international trading system world capital markets international monetary arrangements global economic problems.

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2007Theoretical Approaches to the Analysis of Trade and Poverty and a Review of Related Literature on South Africa

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