Abstract
This chapter tracks the evolution of economic thinking from 1940 to 1970. It includes a number of key themes such as international economic relations, optimum currency areas, externalities, and public choice. Also, the basic principles of monetarism are presented after Keynesian perceptions were challenged in the late 1960s. At the end, the chapter presents Nash’s contribution to General Equilibrium Theory.
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Petrakis, P.E. (2020). International Trade Relations, Optimum Currency Areas, Externalities, and Public Choice. In: Theoretical Approaches to Economic Growth and Development. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-50068-9_14
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DOI: https://doi.org/10.1007/978-3-030-50068-9_14
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