Dollars, Deficits, and Trade

Edited by James A. Dorn and William A. Niskanen

"The interrelationship between the budget and trade deficits stands at the forefront of today's policy debate. The authors in this volume do an admirable job of sorting out the key issues and debating the various reform proposals. Their views will help shape the policy debate during the coming decade."
-Michael J. Boskin
Chairman, Council of Economic Advisers

The provocative essays in this volume address the role of the dollar in the international economy, the future shape of the international monetary system and the exchange rate regime, the significance of the U.S. twin deficits, and the rise of nontariff barriers to world trade.

Many of the contributors points to the lack of long-range rules to promote sound money, fiscal integrity, and open markets as the fundamental flaw of modern democratic governments. A constitutional perspective is needed to ensure a stable world order. Published by Kluwer Academic Publishers.

This book contains the papers presented at a Cato Institute conference on February 25-26, 1988.

1989/444 pp. $5.00 ISBN: 0-7923-9024-5

[ Ordering Information | Book Index | Publications | Home ]