Global Disequilibrium in the World Economy

Preface - Introduction; C.Liston & J.McCallum - PART 1: OVERVIEW PAPERS - The Economic Science of Today and Global Disequilibrium; M.Allais - Global Disequilibrium and International Monetary Reform; A.K.Swoboda - The Dollar and the Policy Fix; R.Mundell - The European Monetary System in the World Economy; R.Triffin - The State of the World Economy: Global Imbalances, Exchange Rates and the World Debt; G.Haberler - Monetarism Yesterday and Today; P.Cagan - PART 2: TRADE BALANCE, STOCK MARKETS, AND FOREIGN EXCHANGE RATES - Trade Balance and Exchange Rates; J.S.Chipman - Fiscal Stimulus and Employment at Home and Abroad in a Real Two-Country Customer-Market Model; E.S.Phelps - PART 3: THE EUROPEAN MONETARY AND COMMERCIAL AREA - EEC 1992: Prospects and Problems; H.Giersch - The EMS and Its Predecessors; M.De Cecco - Policy Coordination in Europe; N.Walter - Ten Reasons to Fear Fortress Europe; G.Curzon - PART 4: THIRD WORLD DEBT - World Disequilibrium and Third World Debt; H.L.Lever - PART 5: THE REFORM OF THE INTERNATIONAL MONETARY SYSTEM - International Nominal Targeting (INI): A Proposal for Overcoming Obstacles to Policy Coordination; J.A.Frankel - Toward a Common Monetary Standard through the Regulation of Exchange Rates; R.I.McKinnon - What Future for the International Monetary System?; R.N.Cooper - The Global Adjustment System; R.Mundell - Index