内容

目次

Part I. A Review of the Terrain: 1. Introduction; 2. Trade anddevelopment: the contours of the landscape; 3. Incomplete markets and the'New Development Economics'; Part II. Theory and Empirical Analysis: 4.Market incompleteness in an open-economy LDC; 5. The relationship betweenreal and nominal exchange rates; 6. Empirical investigation of real exchangerates: tradability and relative prices; 7. An endogenous growth model ofincomplete markets in foreign exchange; 8. Are devaluations possiblycontractionary? A quasi-Australian model with tradables and nontradables;Part III. Successes and Failures in Development: Good/Bad Economics andGovernance; 9. Japan: overvaluation without rent-seeking; 10. ThePhilippines: failure in policy and politics; 11. Financial integration andthe refractory role of intervention: Uruguay and Taiwan; 12. Summary,conclusions and policy recommendations; Bibliography.