An Introduction to International Economics

Kenneth A. Reinert is Professor of Public Policy in the School of Public Policy at George Mason University, where he has won a Distinguished Teaching Award. He held past positions at Kalamazoo College, Wellesley College and the US International Trade Commission. He has published more than 60 articles and book chapters in the areas of trade, development and environmental policy. In addition to the first edition of Windows on the World Economy: An Introduction to International Economics (2005), his books include The Princeton Encyclopedia of the World Economy (co-edited with Ramkishen Rajan, 2009), Globalization for Development (co-authored with Ian Goldin, 2006; revised edition, 2007) and Applied Methods for Trade Policy Analysis (co-edited with Joseph Francois, Cambridge, 1998).

Preface; 1. Windows on the world economy; Part I. International Trade: 2. Absolute advantage; 3. Comparative advantage; 4. Intra-industry trade; 5. The political economy of trade; 6. Trade policy analysis; 7. The World Trade Organization; 8. Preferential trade agreements; Part II. International Production: 9. Foreign market entry and international production; 10. Foreign direct investment and intra-firm trade; 11. Managing international production; 12. Migration and international production; Part III. International Finance: 13. Accounting frameworks; 14. Exchange rates and purchasing power parity; 15. Flexible exchange rates; 16. Fixed exchange rates; 17. The international monetary fund; 18. Crises and responses; 19. Monetary unions; Part IV. International Economic Development: 20. Development concepts; 21. Growth and development; 22. International production and development; 23. The World Bank; 24. Structural change and adjustment.