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A Study Of Exchange

RRP $16.99

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The distinguished author of this interesting booklet argues forcibly that currency inflation is one of the root causes of trade collapse, and that only by a policy of steady and continuous deflation can recovery be assured. He urges that value must rule and not be at the sport of currency, varying automatically with the value of gold or, arbitrarily, at the will of the Treasury. Currency inflation, he maintains, is essentially undemocratic, and far more disastrous to the poor than to the rich, who are in a position to escape many of its evil consequences.

-Business Organization and Management, Volume 6


Exchange Rate Parity For Trade And Development

RRP $293.99

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This book extends recent theories of incomplete markets to investigate empirically the appropriate balance between the market and the state in the trade relations between developed and developing countries. The conclusion is that in an ideal world government intervention in foreign exchange and trade is necessary in developing countries in the early stages and inevitably decreases as development occurs. Rationing of foreign exchange prevents a 'soft currency distortion' that commonly afflicts developing countries and can turn comparative advantage trade into competitive devaluation trade, with severe losses of income and welfare. Yotopoulos finds that the level of underdevelopment narrowly circumscribes and conditions the extent to which free-market, free-trade, laissez-faire can be beneficial, contrary to the mainstream policy paradigm as currently applied. The analysis and tests draw on empirical research from seventy countries and four extended country studies to confirm the usefulness and validity of the theoretical framework.


The Determinants Of Currency Crises

RRP $343.99

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This book explores the role of political factors in the occurrence of currency crises, using an eclectic approach that blends case studies, a rigorous theoretical discussion, and econometric analysis.


Catered Christmas Cookie Exchange, A

RRP $22.99

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"Fans of culinary cozies by Joanne Fluke and Diane Mott Davidson will enjoy discovering Crawford."--Library Journal

Bernie and Libby Simmons, caterers extraordinaire, are hosting a televised cookie contest just in time for Christmas, but unfriendly rivalries cook up a cutthroat competition. . .

The feisty members of the Christmas Cookie Club Exchange are busy perfecting their recipes once again. And with the Baking for Life cookie contest on the line, the stakes are higher--and deadlier--than ever. When the odds-on favorite dies in a suspicious car accident en route to the show, Bernie and Libby start digging and are shocked to uncover a soap opera of sinister secrets and clandestine affairs. But they'll stop at nothing to get to the truth, because no holiday treat is sweeter than justice!

Includes Original Recipes for You to Try!

"A chatty, cozy mystery." --Library Journal



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