Tabla de Contenidos:
  • Preface
  • Acknowledgments
  • Executive Summary
  • Introduction
  • Chapter 2 The Law of One Price and Its Limits
  • Literature Survey
  • Trade, Direct Foreign Investment, and Price Convergence
  • Lower Barriers, Better Technology, More Convergence
  • Chapter 3 The Broad World Price Band
  • Appropriate Exchange Rates
  • Chapter 4 Potential Static Benefits: Methodology
  • Chapter 5 Calculation of BenefitsCountry by Country
  • Benefits Calculated Starting with Market Exchange Rates
  • Benefits Calculated Starting with PPP Exchange Rates
  • Additional Calculations.
  • Chapter 6 Implied Imports and Exports
  • Chapter 7 Future Research: Mapping Policy Choices to Price Convergence
  • Chapter 8 Concluding Observations
  • Appendix A World Price Bands
  • Appendix B Static Benefits from Price Convergence
  • Appendix C The Exchange Rate Wedge and the Exchange Rate System
  • Appendix D An Alternative Calculation of the Benefits of Price Convergence in Both Tradable and Service Sectors
  • References
  • Index.