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Description
This book offers a comprehensive and insightful reflection on David Ricardo’s ingenious theory of international trade. Divided into three parts, Part I presents the “birthday boy”, his concept and the many applications and insights that have been derived from it, particularly in modern times. Part II explores in depth important aspects of the Ricardian trade theory through the eyes and experience of leading experts on international trade theory, taking into account the latest research in the field. Lastly, Part III discusses current challenges of globalization in the light of Ricardian trade theory and includes the original "On Foreign Trade" written and published by David Ricardo in 1817.
Table of Contents
Introduction: Celebrating 200 Years of Ricardian Trade Theory.- Part I David Ricardo and the Ricardian Trade Theory: 1817 to Today.- David Ricardo: His Personality, his Time and his Principles.- David Ricardo’s “On Foreign Trade”: The Original Idea.- The Standard Ricardian Trade Model.- The Ricardian Trade Theory: Implications and Applications.- Part II Scientific Conference “Celebrating 200 Years Ricardian Trade Theory” on May 12, 2017 at the University of Basel in Switzerland.- The Main Contribution of the Ricardian Trade Theory.- Comments on “The Main Contribution of the Ricardian Trade Theory” by Ronald W. Jones.- Discussion about “The Main Contribution of the Ricardian Trade Theory”.- Mill and Ricardo: The Genesis of Comparative Advantage.- Comments on “Mill and Ricardo: The Genesis of Comparative Advantage” by Roy J. Ruffin.- Discussion about “Mill and Ricardo: The Genesis of Comparative Advantage”.- Putting Ricardian Trade Theory to Work in 2017: Current Empirical Analyses.-Comments on “Putting Ricardian Trade Theory to Work in 2017: Current Empirical Analyses” by Jonathan Eaton.- Short Discussion about “Putting Ricardian Trade Theory to Work in 2017: Current Empirical Analyses”.- The Relevance of Ricardian Trade Theory for the Political Economy of Trade Policy.- What Next for Ricardo? Incorporating More Trade Distortions.- 200 Years of Ricardian Trade Theory: The Missing Dynamics.- Final Panel Discussion: Wilfred J. Ethier, Simon Evenett, Esteban Rossi-Hansberg and Rolf Weder.- Part III Back to the Future: Challenges of 2017 and the Original Idea of 1817.- Current Challenges of Globalization in the Light of the Ricardian Trade Theory.- On Foreign Trade. Chapter VII of On the Principles of Political Economy and Taxation (1817).
