Description: Further DetailsTitle: Canada in the World EconomyCondition: NewFormat: HardbackISBN-10: 0674092503EAN: 9780674092501ISBN: 9780674092501Publisher: Harvard University PressRelease Date: 01/01/1959Description: In his study of Canada, John A. Stovel examines the changes in that country’s balance of payments and balance of trade from confederation to the present day, including as part of his examination historical, statistical, and theoretical points of view. The author also reexamines critically—and finds himself in sharp disagreement with—Jacob Viner’s classic in the field, Canada’s Balance of International Indebtedness, 1900-1913, which has long been considered the definitive analysis of the subject.Developing in Part I an eclectic theory of international balance of payments, and in Part II concentrating on the Canadian balance of trade and balance of payments in relation to economic developments preceding World War I, Stovel carefully prepares the foundation for a critique of Viner’s analysis of the period 1900-1913. Discussing the inadequacy of the Mill-Taussig theory and its empirical verification, and observing the extent to which the newer theoretical developments have afforded increased understanding, Stovel criticizes Viner’s statistics and the use to which they were put. He delineates with telling clarity the mutual interaction of many elements in cyclical growth development, as opposed to the oversimplified and inadequate causal links of the earlier theory.In addition to the wealth of analysis of the earlier period, the author investigates the interwar period, with the postwar boom and the depression of the thirties, presenting a careful analysis of the structural changes in the balance of payments during this period as well as indicating the change in Canada’s relation to the United States and Great Britain. The concluding section of the book deals with the period following World War II, and the author indicates the possible lessons to be learned from Canada’s experiences and the improvements in government policy that have taken place, especially with respect to exchange rates.Language: EnglishCountry/Region of Manufacture: USItem Weight: 590gAuthor: John A. Stovel, JA StovelGenre: Business & FinanceBook Series: Harvard Economic StudiesItem Width: 33mmType: Economic Policy & DevelopmentItem Length: 29mmItem Height: 217mmRelease Year: 1959 Missing Information?Please contact us if any details are missing and where possible we will add the information to our listing.
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Book Title: Canada in the World Economy
Title: Canada in the World Economy
ISBN-10: 0674092503
EAN: 9780674092501
ISBN: 9780674092501
Release Date: 01/01/1959
Release Year: 1959
Country/Region of Manufacture: US
Genre: Business & Finance
Number of Pages: 364 Pages
Publication Name: Canada in the World Economy
Language: English
Publisher: Harvard University Press
Subject: Economic Conditions, Economics / General
Item Height: 0.1 in
Publication Year: 1959
Item Weight: 20 Oz
Type: Textbook
Subject Area: Business & Economics
Item Length: 0.9 in
Author: John A. Stovel
Series: Harvard Economic Studies
Item Width: 0.6 in
Format: Hardcover