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The Economics of International Transfers

Author

Listed:
  • Brakman,Steven
  • Marrewijk,Charles van

Abstract

Since the famous debate between Keynes and Ohlin on German reparation payments after World War I, international transfers have attracted the attention of economists. Today the subject is of even greater importance with billions of dollars flowing between nations as unilateral transfers. However the emphasis has shifted from balance-of-payments issues to the welfare consequences following a transfer and in particular the welfare issues arising from aid to developing countries. In The Economics of International Transfers, first published in 1998, Professors Brakman and van Marrewijk present an overview of transfers (including the history of transfers and current transfer flows) and their own unified framework in which they present important and original research. Subjects considered include welfare effects, distortions, third parties, rent-seeking, the 'trade or aid' discussion, multi-lateral agencies, tied aid and imperfect competition.

Suggested Citation

  • Brakman,Steven & Marrewijk,Charles van, 1998. "The Economics of International Transfers," Cambridge Books, Cambridge University Press, number 9780521572149, April.
  • Handle: RePEc:cup:cbooks:9780521572149
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    Cited by:

    1. Lewis, Frank D., 2007. "Compensation and the abandoned property of the 1948 Palestinian refugees: Assessment and implications," Explorations in Economic History, Elsevier, vol. 44(4), pages 523-537, October.
    2. Akiko Suwa-Eisenmann & Thierry Verdier, 2007. "Aid and trade," Oxford Review of Economic Policy, Oxford University Press, vol. 23(3), pages 481-507, Autumn.
    3. Patrick Carter & Jonathan R. W. Temple, 2017. "Virtuous Circles and the Case for Aid," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(2), pages 397-425, June.
    4. Carter, Patrick & Postel-Vinay, Fabien & Temple, Jonathan, 2015. "Dynamic aid allocation," Journal of International Economics, Elsevier, vol. 95(2), pages 291-304.
    5. Charles Van Marrewijk, 2004. "An Introduction to International Money and Foreign Exchange Markets," Centre for International Economic Studies Working Papers 2004-07, University of Adelaide, Centre for International Economic Studies.
    6. Vladimir Gligorov, 2016. "The Transfer and Adjustment Problems in the Balkans," wiiw Balkan Observatory Working Papers 125, The Vienna Institute for International Economic Studies, wiiw.
    7. Steven Brakman & Charles Van Marrewijk, 2007. "Transfers, Nontraded Goods, and Unemployment: An Analysis of the Keynes-Ohlin Debate," History of Political Economy, Duke University Press, vol. 39(1), pages 121-143, Spring.
    8. Devereux, Michael B. & Smith, Gregor W., 2007. "Transfer problem dynamics: Macroeconomics of the Franco-Prussian war indemnity," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2375-2398, November.
    9. Takarada, Yasuhiro, 2004. "Foreign aid, tariff revenue, and factor adjustment costs," Japan and the World Economy, Elsevier, vol. 16(2), pages 231-242, April.
    10. Jonathan Temple & Huikang Ying & Patrick Carter, 2014. "Transfers and Transformations: Remittances, Foreign Aid, and Growth," Bristol Economics Discussion Papers 14/649, Department of Economics, University of Bristol, UK, revised 02 Dec 2014.
    11. Giancarlo Corsetti & Philippe Martin & Paolo Pesenti, 2008. "Varieties and the Transfer Problem: The Extensive Margin of Current Account Adjustment," RSCAS Working Papers 2008/01, European University Institute.
    12. repec:kap:jeczfn:v:122:y:2017:i:3:d:10.1007_s00712-017-0537-5 is not listed on IDEAS
    13. Santanu Chatterjee & Stephen Turnovsky, 2002. "Substitutability of Capital, Investment Costs, and Foreign Aid," Working Papers UWEC-2002-08-P, University of Washington, Department of Economics, revised Nov 2002.
    14. Philippe Martin & Paolo Pesenti & Giancarlo Corsetti, 2008. "Varieties and imbalances: the extensive margins of the current account adjustment," 2008 Meeting Papers 605, Society for Economic Dynamics.
    15. Steven Brakman & Harry Garretsen & Charles van Marrewijk, 2006. "Agglomeration and Aid," CESifo Working Paper Series 1750, CESifo Group Munich.
    16. Hamada, Kojun & Yanagihara, Mitsuyoshi, 2016. "Intergenerational altruism and the transfer paradox in an overlapping generations model," The Quarterly Review of Economics and Finance, Elsevier, vol. 59(C), pages 161-167.
    17. Schweinberger, A. G., 2002. "Foreign aid, tariffs and nontraded private or public goods," Journal of Development Economics, Elsevier, vol. 69(1), pages 255-275, October.
    18. Faizal Z. Ahmed & Eric Werker, 2012. "Unobserved State Fragility and the Political Transfer Problem," Harvard Business School Working Papers 13-009, Harvard Business School.
    19. Atkinson, A.B., 2003. "Innovative Sources for Development Finance: Over-Arching Issues," WIDER Working Paper Series 088, World Institute for Development Economic Research (UNU-WIDER).
    20. Hamzeh Arabzadeh, 2016. "Foreign Aid, Public Investment and Capital Market Liberalization," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2016018, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    21. Corsetti, Giancarlo & Martin, Philippe & Pesenti, Paolo, 2013. "Varieties and the transfer problem," Journal of International Economics, Elsevier, vol. 89(1), pages 1-12.
    22. Schweinberger, Albert G. & Lahiri, Sajal, 2006. "On the provision of official and private foreign aid," Journal of Development Economics, Elsevier, vol. 80(1), pages 179-197, June.

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