200 Years of Ricardian Trade Theory (eBook)

This book offers a comprehensive and insightful reflection on David Ricardo's ingenious theory of international trade. Divided into three parts, Part I presents the 'birthday boy', his concept and the many applications and insights that have been derived from it, particularly in modern times. Part II explores in depth important aspects of the Ricardian trade theory through the eyes and experience of leading experts on international trade theory, taking into account the latest research in the field. Lastly, Part III discusses critique and shortcomings of the existing trade theory and proposes future developments in the light of the current globalization challenges.

Ronald W. Jones Professor of International Economics, Department of Economics, University of Rochester (USA), and the author of more than 150 scientific articles in international trade theory in peer-reviewed economics journals. He has also written several books, including the undergraduate textbook of World Trade and Payments: An Introduction (10th edition) (Co-Author with Richard Caves and Jeffrey Frankel (Pearson)), and Globalization and the Theory of Input Trade, reflecting his Ohlin Lectures in 2000 (MIT Press).