© 2005 South-Western Thomson

South-Western Thomson Web-Site

Kenneth A. Reinert
School of Public Policy
George Mason University

“Windows on the World Economy is a superb book for MBA’s or for undergraduate classes
stressing the institutional, historical, and public policy aspects of the international economic
environment. The text develops business examples that will be of real interest to students. 
Well-done.” -Jonathan Wright, Associate Professor of Economics and International Studies,
Robins School of Business, University of Richmond.

"Windows on the World Economy is a rarity among economics texts: it is both entertaining
and informative, and both concise and comprehensive. This is the perfect book for a one-
semester course on international economics, for students in either international relations,
business, or economics majors, which covers all four areas of the field: trade,
production, finance, and development." -Robert Blecker, Professor of Economics,
American University.

Contents

    Front Matter

    Chapter 1 Windows on the World Economy
           Update

Part I International Trade

    Chapter 2 Absolute Advantage

    Chapter 3 Comparative Advantage
            Sample

    Chapter 4 Intra-Industry Trade

    Chapter 5 The Politics of Trade

    Chapter 6 Trade Policy Analysis

    Chapter 7 The GATT/WTO System
          Update

    Chapter 8 Regional Trade Agreements
          Update

    Interview: Arvind Panagariya

Part II International Production

    Chapter 9 Foreign Market Entry and International Production

    Chapter 10 FDI and Intra-Firm Trade
          Sample

    Chapter 11 International Competition and Management

    Interview: Sanjaya Lall

Part III International Finance

    Chapter 12 Accounting Frameworks

    Chapter 13 Exchange Rates and Purchasing Power Parity

    Chapter 14 Flexible Exchange Rates

    Chapter 15 Fixed Exchange Rates

    Chapter 16 The International Monetary Fund

    Chapter 17 Crises and Responses
          Update

    Chapter 18 Monetary Unions
          Update

    Interview: Graciela Kaminsky

Part IV International Economic Development

    Chapter 19 Development Concepts

    Chapter 20 Growth, Trade, and Development

    Chapter 21 Hosting Multinational Enterprises

    Chapter 22 The World Bank

    Chapter 23 Structural Adjustment

    Interview: Michael Lipton

Epilogue: Connecting Windows

Glossary

Index