Includes bibliographical references and index.

Contents: Micro foundations of international macroeconomics: Quantity-- Constrained models of open economics -- Imperfect competition and open economy microeconomics -- Relative price movements in dynamic general equilibrium models of international trade -- Capital taxation and real models: International fiscal policy coordination and competition -- Capital taxation in the world economy -- International monetary regimes: History of the international monetary system: Implications for research in international macroeconomics and finance -- On inflation, unemployment, and the optimal exchange rate regime -- Macroeconomic policy, speculative attacks, and balance of payment crises -- Continuous-time models of exchange rates and intervention -- Capital markets, money, and exchange rates: Partial equilibrium versus general equilibrium models of the international capital market -- Stylized facts of nominal exchange rate returns -- Currency substitution -- Debt, deficits, and growth: Sovereign immunity and international lending -- Growth and external debt -- Growth, deficits, and research and development in the global economy.