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Rethinking International Trade

Rethinking International Trade

by Paul Krugman
Paperback
Publication Date: 29/03/1994

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During the 1980s and 1990s a small group of economists challenged traditional wisdom about international trade. "Rethinking International Trade" provides a coherent account of this research programme and traces the key steps in a trade theory that offers, among other possibilities, new arguments against free trade. Krugman's introduction is a valuable guide to research that has delved into the causes of international trade and reopened basic questions about the international pattern of specialization, the effects of protectionism, and what constitutes an optimal trade policy. In the four sections that follow, he takes a revisionary look at the causes of international trade, discussing growth and the role of history, technological change and trade, and strategic trade policy.
ISBN:
9780262610957
9780262610957
Category:
International trade
Format:
Paperback
Publication Date:
29-03-1994
Language:
English
Publisher:
MIT Press Ltd
Country of origin:
United States
Pages:
293
Dimensions (mm):
229x152x19mm
Weight:
0.5kg
Paul Krugman

Paul Robin Krugman is an American economist who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times.

In 2008, Krugman was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services. Krugman was previously a professor of economics at MIT, and later at Princeton University. He retired from Princeton in June 2015, and holds the title of professor emeritus there.

He also holds the title of Centenary Professor at the London School of Economics. Krugman was President of the Eastern Economic Association in 2010,[8] and is among the most influential economists in the world. He is known in academia for his work on international economics (including trade theory and international finance), economic geography, liquidity traps, and currency crises.

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