Background
SOLOMON, Robert was born on May 2, 1921 in New York, United States. Son of late Sol Solomon and of Betty Brownstone Solomon.
(An updated and expanded edition of The International Mone...)
An updated and expanded edition of The International Monetary System, 1945-1976. This is the most authoritative account we have of the great trek from Bretton Woods to Jamaica. As a key official of the Federal Reserve Board, the author was deeply involved in most of the episodes of crisis and reform in the 1960s and 1970s. There are no indiscreet revelations but simply first-hand details, sharp appraisals of some leading participants and, above all, good economics and clear writing. The step-by-step treatment that combines narrative and analysis will make the book a major reference work for a long time to come. -- William Diebold, Jr.
http://www.amazon.com/gp/product/0060150041/?tag=2022091-20
(In recent years, the relentless globalization of capital ...)
In recent years, the relentless globalization of capital and production has made global economic integration less than newsworthy. There likewise is little novelty in the evidence that foreign economic polices can and do influence the economic conditions in the United States. Although the grumbling continues, there is now fairly widespread acceptance of the inevitability of the internationalization of commerce. Since the world has every reason to expect real benefits from growth in trade, this public acceptance of the rapid rate of change seems reasonable. At one time, the United States would have been among the first of the industrial nations to raise an alarm about the unconstrained and largely unregulated immense flows of capital as well as increasingly large concentrations of economic power. This nation does have, after all, a much stronger tradition of resistance to domestic cartelization of business than do many of the other largest economic powers, Germany, and Japan. We also have a tradition of extreme sensitivity to foreign influence over our economy. And even though the rest of the world has been influenced in the foreign policy area, it has been a result of coordinated rates and standards to actually increase economic productivity. Though the world is not in danger of too much economic coordination; the threat comes rather from allowing events and circumstances to dictate our economic fate. Now as in the past, history will be made by the men and women who create a new framework for striking that delicate but essential balance between commerce and the common good. If the past few years have taught us anything it is not to be shy about the prospect for historic change. Thisreport focuses on the evolution and future of globalization and the integration of foreign and international economic policy between nation/states. The authors have taken a critical step to better understand and assess what has influenced foreign policy decisions, if any, in the United States and what role international economic policy issues will play in foreign policymaking.
http://www.amazon.com/gp/product/0870783165/?tag=2022091-20
( The international monetary system has changed radically...)
The international monetary system has changed radically in the last twenty years. Capital, information, goods, and services move around the globe with unprecedented ease. Countries from the former communist bloc have joined the system. Europe is on the verge of monetary union. Financial crises in East Asia and Mexico have rocked the world economy. In this book, Robert Solomon--author of the definitive history of the monetary order between 1945 and 1981--presents the first comprehensive history of these and other aspects of this revolution in international finance. Authoritative, accessible, and elegantly written, the book will be indispensable for anyone who wishes to understand how today's international monetary system works. Solomon begins with the spectacular rise and subsequent decline of the foreign exchange value of the U.S. dollar in the 1980s. He covers the debt crisis of developing countries in the 1980s. He explores the shift from central planning to market economies in many countries in the 1990s and explains the origins, implications, and problems of the move to a single European currency. Solomon examines in detail the striking increase in the mobility of capital--paying particular attention to the costs and benefits for developing countries, and to the role of capital mobility in the Mexican crisis of 1994 and the Asian crisis that began in 1997. In the book's final chapter, Solomon provides an overview of the international monetary system and considers how it might evolve in the future. In this section, he focuses on the key subjects of balance-of-payments adjustments, supply of reserves, and stability. He also evaluates a variety of much-debated policy instruments, including inflation targeting, currency boards, target zones for exchange rates, free-floating exchange rates, the Tobin tax, macroeconomic policy coordination, and special drawings rights. Throughout, Solomon relates developments in the international monetary system to macroeconomic conditions in the countries involved--arguing that it is impossible to understand one without understanding the other. As a clear, thorough, and unusually perceptive account of global finance and monetary economics in the late twentieth century, Money on the Move will be vital reading for economists, policymakers, and general readers.
http://www.amazon.com/gp/product/0691004447/?tag=2022091-20
( This revised, extended and updated edition of Robert So...)
This revised, extended and updated edition of Robert Solomon's well-received The Transformation of the World Economy assesses the remarkable changes in the world economy in recent decades. The impact of marketization, of "globalization" in both industry and finance and of increased policy co-ordination as a response at regional and global levels are analyzed, as are the changing philosophies of economic policy in the US, Britain, Western Europe, the USSR, Russia and Eastern Europe, China, Asia, the Middle East, Africa and Latin America.
http://www.amazon.com/gp/product/0312221118/?tag=2022091-20
SOLOMON, Robert was born on May 2, 1921 in New York, United States. Son of late Sol Solomon and of Betty Brownstone Solomon.
Bachelor, University Michigan, 1942. Master of Arts, Harvard University, 1947. Doctor of Philosophy, Harvard University, 1952.
With Federal Reserve Board, 1947-1976, associate adviser research division, 1963-1965, adviser research division, 1965, adviser to board governors, 1965-1976, director division international finance, 1966-1972. Senior fellow Brookings Institution, Washington, 1976-1980, guest scholar, since 1980. President RS Associates, 1981–2005.
Vice chairman deputies of committee of 20 International Monetary Fund, 1972-1974. Adjunct professor American University, 1962-1967. Senior staff economist Council Economic Advisers, 1963-1964.
1st lieutenant United States Army Air Force, 1942-1945.
( This revised, extended and updated edition of Robert So...)
(In recent years, the relentless globalization of capital ...)
( The international monetary system has changed radically...)
(An updated and expanded edition of The International Mone...)
Member American Economic Association, Council on Foreign Relations. Clubs: Cosmos (Washington).
Married Fern Rice, September 11, 1946 (deceased 2001). Children: Carol Ann, Barbara Betty, Anne Eleanor.