HARVARD ECONOMIC STUDIES
Cover: Canada in the World Economy, from Harvard University PressCover: Canada in the World Economy in HARDCOVER

Harvard Economic Studies 108

Canada in the World Economy

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Product Details

HARDCOVER

$48.00 • £38.95 • €43.00

ISBN 9780674092501

Publication Date: 01/01/1959

Short

364 pages

7 charts, 27 tables

Harvard Economic Studies

World

    • 1. Introduction
      • Nature of the Canadian Economy
      • International Trade
      • Summary and Plan of Book
      • Conclusion
  • Part I. Theory of the International Balance of Payments
    • 2. Discussion of Terms
      • Definitions
      • Short-Term Capital Movements
      • Application and Limitation of Definitions
    • 3. The “Classical” Theory and Its Critics
      • The “Classical” Mill-Taussig Theory
      • Important Criticisms
    • 4. International Shifts of Demand
      • The Primary Shifts
      • Secondary Shifts—The Multiplier
    • 5. Capital Formation and the Credit Supply
      • Fluctuations in Investment
      • The Supply of Credit
      • Relative Price Changes
    • 6. Cold Flows and the Exchange Rates
      • The Gold Standard
      • Triffin’s Analysis
      • Exchange Rate Fluctuations
    • 7. The Business Cycle and Economic Growth
      • Miscellaneous Adjustments
      • Multilateral Adjustments
  • Part II. Economic Developments Prior to World War I
    • 8. Early Growth
      • Confederation
      • Post-Confederation Commercial Policy and the Balance of Trade
    • 9. The Wheat Boom, 1896-1913
      • The Surging Frontier
      • The International Accounts
  • Part III. Viner’s Analysis of That Period 1900-1913: A Critique
    • 10. Viner’s Presentation
      • Viner’s Statistics
      • Theory—Attempted Verification
      • Critique—A Summary
      • Similar Empirical Studies
    • 11. Viner’s Critics
      • Angell and Carr—Statistical Difficulty
      • Credit Expansion
      • The Cost-of-Living Report
      • Cairncross
      • Kahn
    • 12. Shifts of Demand
    • 13. Relative Price Changes—Their Causes
    • 14. Time Series Analysis
    • 15. The Terms of Trade
    • 16. Relative Price Change—Their Importance
      • Price Changes and the Capital Transfer
      • General Conclusions
  • Part IV. The Interwar Period
    • 17. Economic Development and Commercial Policy
      • Economic Developments
      • Commercial Policy
    • 18. Structural Changes in the Balance of Payments
      • Current Credits
      • Current Debits
      • Capital Account
    • 19. The Problem of Adjustment—Current Account
      • Pre-World War I Periods Compared
      • Merchandise Account
      • Nonmerchandise Account
    • 20. The Problem of Adjustment—Capital Account
      • New Issues and Retirements
      • Outstanding Securities
      • Other Capital Movements
      • Government Loans
      • External Bank Assets and Monetary Gold
    • 21. A Composite Picture
      • Government Policies
    • 22. Postscript: Following World War II
      • Lessons in Economic Development
  • Statistical Appendix
    • Merchandise Trade
    • Balance of Payments
    • National Income
  • Bibliography
  • Index

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