PART Ⅰ. Determinants of the current account Chapter 2. Current account sustainability Chapter 3. An intertemporal theory of the current account Chapter 4. Terms of trade, the world interest rate, tariffs, and the current account Chapter 5. Current account determination in a production economy Chapter 6. Uncertainty and the current account Chapter 7. Large open economies Chapter 8. The twin deficits : Deficits and the current account
PART Ⅱ. The real exchange rate Chapter 9. The real exchange rate and purchasing power parity Chapter 10. Determinants of the real exchange rate
PART Ⅲ. International capital mobility Chapter 11. International capital market integration Chapter 12. Capital controls
PART Ⅳ. Monetary policy and exchange rates Chapter 13. Nominal rigidity, exchange rate policy, and unemployment Chapter 14. Managing currency peges Chapter 15. Inflationary finance and balance of payments crises