The Political Economy of International Finance is a book written by Pierre-Richard Agenor, a prominent economist known for his research in the field of international finance and development economics. The book, first published in 1994, provides a comprehensive and detailed analysis of the political economy of international finance and its impact on economic development.
The book begins by introducing the basic concepts of international finance, such as balance of payments, exchange rates, and international financial markets. It then goes on to cover a range of topics in the political economy of international finance, including the role of institutions and policies in shaping international financial markets, the implications of financial globalization for economic development, and the challenges facing developing countries in the global financial system.
One of the key contributions of the book is Agenor's analysis of the political economy of international finance and the impact of financial globalization on economic development. He argues that the political economy of international finance is shaped by a complex interplay of economic, political, and social factors, and that the policies and institutions that govern international financial markets can have a significant impact on economic growth and development.
The book also examines the implications of international finance for economic policy and analysis, particularly for developing countries. Agenor provides a balanced and objective analysis of the benefits and costs of different policy options, and he encourages the reader to consider the trade-offs involved in policy decisions.
The Political Economy of International Finance is considered a comprehensive and influential analysis of the political economy of international finance and its impact on economic development. It is widely used as a textbook in university courses and it is considered a valuable resource for students, scholars, and anyone interested in understanding the political economy of international finance and its impact on economic development.
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