Reisen, Helmut (contributor); Grandes, Martín (contributor) - 2005
be made to:
Head of Publications Service, OECD
2, rue André-Pascal, 75775 PARIS CEDEX 16, France
© OECD 2005 … (on which more below), emphasising interest rates, exchange rates and terms of trade,
analysed the respective cash flow and welfare effects in a general‐equilibrium framework
(Dornbusch, 1985; van …, has started later to open up to the global economy, but is bound to reinforce the global
effects already seen now to flow from China.
The general‐equilibrium analysis of the 1985 papers by Dornbusch and van …