Titlebook: International Economic Interdependence, Patterns of Trade Balances and Economic Policy Coordination; Mario Baldassarri (Professor of Econo

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2662-6217 nomy, the nature and significance of the pattern of trade balances that have resulted from them, and the question of what, if anything, should be done by national governments about that pattern. The need for international coordination of economic policies is also investigated.978-1-349-22258-2978-1-

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Prices and Exchange Rates: What Theory Needs to Explain the short run and in the long run (1), and to discuss alternative theoretical models that might explains the facts. Rather than coming to a conclusion on «which family of models best explains the evidence», I intend to highlight the questions raised by the current theories, and take stock of the available empirical results.

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Introduction and Major ConclusionsOur subject is the kinds of interactions and interdependencies that have arisen among nations in the contemporary world economy, the nature and significance of the pattern of trade balances that has resulted from them, and the question of what-if anything-should be done by national governments about that pattern.