Trade theory, analytical models and development; essays in honour of Peter Lloyd; v.1.1843763648
Trade theory, analytical models and development; essays in honour of Peter Lloyd Peter Lloyd is the name of more than one person:
Ed. by Sisira Jayasuriya.
Edward Elgar Pub. Co.
The 11 papers presented here by Jayasuriya (director, Asian Economics Centre, U. of Melbourne, Australia)--as well as the 11 contained in the companion volume, Trade Policy Reforms and Development--were originally presented at a January 2003 Festschrift fest·schrift
n. pl. fest·schrif·ten or fest·schrifts
A volume of learned articles or essays by colleagues and admirers, serving as a tribute or memorial especially to a scholar. in honor of the U. of Melbourne's Peter Lloyd, whose core interests have been the development of rigorous theory and analytic models to understand and elucidate real-world behavior, and the application of conclusions to inform policy. It is the former concern that animates the contributions in this volume, which look at theories of real wages and trade; the optimality of uniform tariffs, measurement of welfare changes as second-best optima op·ti·ma
A plural of optimum. ; Pareto-optimal customs unions with transfers; endogenous mergers and tariffs in an integrated market; intra-industry trade; reform of trade-distorting state trading enterprises; consumption and production externalities externalities
side-effects, either harmful or beneficial, borne by those not directly involved in the production of a commodity. in a small open economy with accumulating capital; and trade liberalization lib·er·al·ize
v. lib·er·al·ized, lib·er·al·iz·ing, lib·er·al·iz·es
To make liberal or more liberal: "Our standards of private conduct have been greatly liberalized . . . , resource degradation, and industrial pollution in developing countries.
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