Background
Cooper, Richard Newell was born on June 14, 1934 in Seattle, Washington, United States. Son of Richard Warren and Lucile (Newell) Cooper.
(These eleven essays written over the past fifteen years c...)
These eleven essays written over the past fifteen years continue and develop Richard Cooper's central theme of interdependence, reflecting his experience in government in the Council of Economic Advisers and as Undersecretary of State for Economic Affairs.
http://www.amazon.com/gp/product/0262031132/?tag=2022091-20
(Boom, Crisis, and Adjustment reviews the macroeconomic ex...)
Boom, Crisis, and Adjustment reviews the macroeconomic experiences of eighteen developing countries from 1974 to 1989. The authors address why the experiences and policy reactions have differed among the countries, and how their individual growth rates were affected by these policy reactions.
http://www.amazon.com/gp/product/0195208919/?tag=2022091-20
( These eleven essays written over the past fifteen years...)
These eleven essays written over the past fifteen years continue and develop Richard Cooper's central theme of interdependence, reflecting his experience in government in the Council of Economic Advisers and as Undersecretary of State for Economic Affairs. They focus in particular on the opportunities and constraints for national economic policy in an environment where goods, services, capital, and even labor are increasingly mobile.The first four chapters are informal, discursive treatments of economic and foreign policies in the face of growing interdependence among nations.The remaining chapters cover such specialist topics as optimal regional integration, the integration of world capital markets, the impact of greater interdependence on the effectiveness of domestic economic policy, the comparison of monetary and fiscal policy under fixed and flexible exchange rates, currency evaluation in developing countries, and the appropriate size and composition of a developing country's external debt. A concluding chapter surveys the preceding essays in terms of coordinating macroeconomic policymaking in an interdependent world economy. Richard N. Cooper is Maurits C. Boas Professor of International Economy at Harvard University.
http://www.amazon.com/gp/product/0262530724/?tag=2022091-20
( Drawing on preliminary results from a massive study con...)
Drawing on preliminary results from a massive study conducted by the World Bank to probe the links between stabilization and growth, Cooper examines the experience of developing countries faced by the oil shocks of the 1970s and the debt crisis of the 1980s. He points out that a global slowdown in growth has shifted the main economic concern in developing countries from long-term growth to stabilization and adjustment. Cooper takes into account the cross-country variables that influence the degree to which a country is affected negatively or positively by external shocks and covers such topics as political organization and external debt resolution.The first chapter focuses on countries that experienced adverse shocks from the sharp increase in oil prices beginning in 1974. It also addresses countries that should have benefited from the oil price increase, and from a comparable increase in coffee prices, for which events turned out to be less favorable than they seemed. The second chapter analyzes the "disabsorption" a country faces when it can no longer rely on foreign lending or advantageous terms of trade; it also looks at inflationary pressures and at the role of the International Monetary Fund in designing stabilization programs for its member countries. The third chapter discusses the main influences on a country's economic performance and also discusses the lessons offered for successful stabilization and long-term growth.Moving from individual developing nations to the world economic system, the final two chapters examine the question of external debt and why it has proved to be such an international stumbling block, offering suggestions on how it might be resolved.Richard N. Cooper is Maurits C. Boas Professor of International Economics at Harvard University.
http://www.amazon.com/gp/product/0262031876/?tag=2022091-20
Cooper, Richard Newell was born on June 14, 1934 in Seattle, Washington, United States. Son of Richard Warren and Lucile (Newell) Cooper.
AB, Oberlin College, Ohio, 1956. Doctor of Laws (honorary), Oberlin College, Ohio, 1978. Master of Science, London School of Economics, 1958.
Doctor of Philosophy, Harvard University, Cambridge, Massachusetts, 1962. Master of Arts (honorary), Yale University, New Haven, Connecticut, 1966. Doctor (honorary), University Paris II, 2000.
Assistant Lector, London School of Economies and Political Science, London, United Kingdom, 1958. Senior Staff Economics, United States President's Council Economics Advisers, 1961-1963. Assistant Professor, Professor of Economics, Provost, Yale University, 1963-1965, 1966-1977, 1972-1974.
Deputy Assistant Secretary International Monetary Affairs,
Under Secretary Economics Affairs, United States Department State, 1965-1966. 1977-1981; Consultant, United States Department Treasury, 1963-1969, Agency International Development, 1967-1969, United States National Security Council, 1969-1970, Harvard Development Advisory Service, 1970-1972, United States Navy, since 1975. Maurits C. Boas Professor International Economics, Harvard University, Cambridge, Massachusetts, United States of America.
Editorial Boards, Journal of International Economics, 1970, Foreign Policy, 1970-1977, Quarterly Journal of Economics, since 1981.
( Drawing on preliminary results from a massive study con...)
(These eleven essays written over the past fifteen years c...)
( These eleven essays written over the past fifteen years...)
(Boom, Crisis, and Adjustment reviews the macroeconomic ex...)
Most of my published work has been concerned with trade policy, the workings of the international monetary system, macroeconomic management of open economies, and the analysis of currency devaluations. It has often been motivated by experience in the United States government and as a consultant for other governments or policy-oriented institutes. As a result, it has a strong empirical and even institutional flavour compared with much professional writing, taking into account some of the constraints that policy-makers face in the short run, and being concerned with the process by which the constraints may be relaxed in the longer run.
It has occasionally involved excursions into economic history of the nineteenth century and earlier. A central theme of my major book, The Economics of Interdependence and some subsequent
work has been that countries find themselves working under constraints imposed by the markets in which they trade goods, services and financial claims, and that the evolution of these markets will over time alter the opportunities and effectiveness of traditional economic policy actions and create new opportunities for different actions. In particular, relatively open economies will face a different set of constraints and opportunities from those of relatively closed ones.
I have also been concerned with the gains to be derived from international co-operation in economic management, both among economically advanced countries and between them and less developed countries, including energy policies, commodity policies, and foreign aid as well as macroeconomic policies.
Fellow American Academy Arts and Sciences. Member American Economics Association, Council Foreign Rels., German-American Academic Council (member trilateral commission).
Married Carolyn Jane Cahalan, June 5, 1956 (divorced 1980). Children: Laura Katherine, Mark Daniel. Married Ann Lorraine Hollick, January 1, 1982 (divorced 1994).
Married Jin Chen, October 13, 2000. Children: William Chen, Jennifer.