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Balance-of-Payments Theory and the United Kingdom Experience

  • Book
  • © 1992
  • Latest edition

Overview

Authors:
  1. A. P. Thirlwall

    1. University of Kent, Canterbury, UK

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  2. Heather D. Gibson

    1. University of Kent, Canterbury, UK

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About this book

Contains a statement of balance-of-payments accounting, and a critical appraisal of balance-of-payments adjustment theory. The book also features chapters on the capital account of balance-of-payments and the theory of exchange rate determination in the United Kingdom.

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Table of contents (15 chapters)

  1. Front Matter

    Pages i-xiii
    Download chapter PDF

  2. Balance-of-Payments Accounting and the Foreign-Exchange Market

    • A. P. Thirlwall, Heather D. Gibson
    Pages 1-36

  3. The Capital Account of the Balance of Payments

    • A. P. Thirlwall, Heather D. Gibson
    Pages 37-58

  4. Exchange Rate Determination

    • A. P. Thirlwall, Heather D. Gibson
    Pages 59-128

  5. The Balance of Payments and the National Economy

    • A. P. Thirlwall, Heather D. Gibson
    Pages 129-154

  6. The Elasticity Approach to the Balance of Payments

    • A. P. Thirlwall, Heather D. Gibson
    Pages 155-182

  7. The Absorption Approach to the Balance of Payments

    • A. P. Thirlwall, Heather D. Gibson
    Pages 183-194

  8. The Monetary Approach to the Balance of Payments

    • A. P. Thirlwall, Heather D. Gibson
    Pages 195-202

  9. Simultaneous Internal and External Balance

    • A. P. Thirlwall, Heather D. Gibson
    Pages 203-218

  10. A History of the UK Balance of Payments

    • A. P. Thirlwall, Heather D. Gibson
    Pages 219-271

  11. Import Functions

    • A. P. Thirlwall, Heather D. Gibson
    Pages 272-290

  12. Export Functions

    • A. P. Thirlwall, Heather D. Gibson
    Pages 291-322

  13. The Balance-of-Payments Equilibrium Growth Rate

    • A. P. Thirlwall, Heather D. Gibson
    Pages 323-336

  14. Export-led Growth

    • A. P. Thirlwall, Heather D. Gibson
    Pages 337-350

  15. The Balance of Payments as a Structural Problem

    • A. P. Thirlwall, Heather D. Gibson
    Pages 351-365

  16. Deindustrialisation and the Balance of Payments

    • A. P. Thirlwall, Heather D. Gibson
    Pages 366-388

  17. Back Matter

    Pages 389-437
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Authors and Affiliations

  • University of Kent, Canterbury, UK

    A. P. Thirlwall, Heather D. Gibson

About the authors

Author A.P. Thirlwall: Tony has lectured widely in developing countries and has been a consultant to several international agencies including the African Development Bank, the Asian Development Bank, the UN Conference on Trade and Development (UNCTAD) and the Pacific Islands Development Program in Hawaii. He has written a number of specialized texts in the field of development economics and is Series Editor of Palgrave's Great Thinkers in Economics collection.

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