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Koichi Hamada
The Political Economy of International Monetary Interdependence.
The MIT Press, 1985. First edition. Translated by Charles Yuji Horioka and Chi-Hung Kwan. 0262081547 ix/187 pages.
Volume, measuring approximately 6.5" x 9.5", is bound in dark green cloth, with stamped white lettering to spine. Book is as new. Illustrated with numerous in-text diagrams. Dust jacket shows very light shelfwear. 
"Koichi Hamada has made seminal contributions to the study of economic interdependence and was one of the key originators of the game-theoretic approach to the topic. In this book, he applies current methods of game theory, public economics, and oligopoly theory to the problem of the choice of international monetary regimes in a world where goods markets and capital markets are increasingly integrated. The book examines how the choice of an international monetary regime affects the nature of policy interdependence and distribution of economic welfare among countries, what kind of international monetary regime each country wishes to choose, and what kind of regime is most likely to be realized. It shows that, in a world where a few large nations have substantial influence, it is important to recognize both the mutual strategic interdependence and differing nature of strategic structures from one regime to another. The first three chapters discuss the kinds of incentives participating countries face when deciding whether to agree on the adoption or alteration of a monetary regime. The remaining chapters show how the nature of policy interdependence differs depending on the exchange rate system."

The Political Economy of International Monetary Interdependence

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