Description
Book SynopsisTable of Contents*Frontmatter, pg. i*Preface, pg. v*Contents, pg. ix*1. Toward Limited Flexibility of Exchange Rates, pg. 3*2. Two Lists of Topics for Further Study and a Proposed Outline for Conference Papers, pg. 27*3. On Terms, Concepts, Theories, and Strategies in the Discussion of Greater Flexibility of Exchange Rates, pg. 31*4. Currency Parities in the Second Decade of Convertibility, pg. 49*5. Comments on Mr. Roosa's Paper, pg. 57*6. The United States and Greater Flexibility of Exchange Rates, pg. 61*7. Decision-Making on Exchange Rates, pg. 77*8. The Case for Flexible Exchange Rates, 1969, pg. 91*9. Comments on Mr. Johnson's Paper, pg. 112*10. The International Monetary System: Some Recent Developments and Discussions, pg. 115*11. Fixed Exchange Rates and the Market Mechanism, pg. 125*12. The Adjustment Process, Its Asymmetry, and Possible Consequences, pg. 129*13. Entrepreneurial Risk under Flexible Exchange Rates, pg. 145*14. The Wider Band and Foreign Direct Investment, pg. 151*15. The Business View of Proposals for International Monetary Reform, pg. 167*16. The Outlook for the Present World Monetary System, pg. 179*17. Comments on Mr. Oppenheimer's Paper: A More Optimistic View, pg. 186*18. Could the Crises of the Last Few Years Have Been Avoided by Flexible Exchange Rates?, pg. 187*19. Notes for the Biirgenstock Conference, pg. 199*20. Why I Am Not in Favor of Greater Flexibility of Exchange Rates, pg. 203*21. Greater Flexibility of Exchange Rates: Effects on Commodities, Capital, and Money Markets, pg. 209*22. Selected Case Studies Relating to Foreign- Exchange Problems in International Trade and Money Markets, pg. 211*23. Comments on Mr. Kuster's Paper, pg. 216*24. The International Monetary Game: Objectives and Rules, pg. 223*25. When and How Should Parities Be Changed?, pg. 233*26. A "Realistic" Note on Threefold Limited Flexibility of Exchange Rates, pg. 237*27. Asymmetrical Widening of the Bands Around Parity, pg. 245*28. Sliding Parities: A Proposal for Presumptive Rules, pg. 251*29. The Fixed-Reserve Standard: A Proposal to "Reverse" Bretton Woods, pg. 261*30. Rules for a Sliding Parity: A Proposal, pg. 271*31. Some Implications of Flexible Exchange Rates, Including Effects on Forward Markets and Transitional Problems, pg. 275*32. A Technical Note on the Width of the Band Required to Accommodate Parity Changes of Particular Size, pg. 280*33. Short-Term Capital Movements and the Interest-Rate Constraint Under Systems of Limited Flexibility of Exchange Rates, pg. 283*34. The Forward-Exchange Market: Misunderstandings Between Practitioners and Economists, pg. 297*35. Forward Currency "Costs": A Zero Sum Game?, pg. 307*36. Comments on Mr. Watts's Paper, pg. 309*37. Exchange Risks and Forward Coverage in Different Monetary Systems, pg. 311*38. The Effect on the Forward-Exchange Market of More Flexible Rates, pg. 317*39. Comments on Mr. Batt's Paper, pg. 320*40. Flexible Exchange Rates and Forward Markets, pg. 323*41. Canada's Experience with a Floating Exchange Rate, 1950-1962, pg. 337*42. A Floating German Mark: An Essay in Speculative Economics, pg. 345*43. Japan's Twenty-Year Experience with a Fixed Rate for the Yen, pg. 357*44. The Problem of Floating Exchange Rates from the Swiss Viewpoint, pg. 365*45. Balance-of-Payments and Exchange-Rate Problems in Sweden, Denmark, and Finland, pg. 371*46. European Integration and Greater Flexibility of Exchange Rates, pg. 385*47. Comments on Mr. Kasper's Paper: Requiem for European Integration, pg. 388*48. Comments on the Papers by Messrs. Mosconi and Kasper: Red Herrings, Carts, and Horses, pg. 392*49. The Agricultural Regulations of the European Economic Community as an Obstacle to the Introduction of Greater Flexibility of Exchange Rates, pg. 401*50. The Concept of Optimum Currency Areas and the Choice Between Fixed and Flexible Exchange Rates, pg. 407*51. Import Border Taxes and Export-Tax Refunds Versus Exchange-Rate Changes, pg. 417*52. Government and the Corporation: A Fallacious Analogy, pg. 425*Contributors, pg. 427*Index, pg. 429
