Journal Article
Europe in 1992
Fieleke, Norman S. (1989-05)
New England Economic Review , Issue May , Pages 13-26

Journal Article
The quest for sound money: currency boards to the rescue
Fieleke, Norman S. (1992-11)
Some countries with high inflation have adopted another nations more stable currency: Panama uses the U.S. dollar, gaining price stability and easier trade with its primary partner. But this arrangement grants an interest-free loan to the government whose currency is used. And the nation using the currency forgoes any income on the foreign currency holdings. ; One alternative, a currency board, achieves the other countrys monetary stability without these costs. Currency boards issue a domestic currency in return for the foreign currency, at a fixed exchange rate. Boards also hold assets ...
New England Economic Review , Issue Nov , Pages 14-24

Working Paper
Exchange-rate flexibility and the efficiency of the foreign- exchange markets
Fieleke, Norman S. (1974)
International Finance Discussion Papers , Paper 44

Conference Paper
International payments imbalances in heavily indebted developing countries
Fieleke, Norman S. (1988)
Conference Series ; [Proceedings] , Volume 32 , Pages 58-102

Journal Article
One trading world, or many: the issue of regional trading blocs
Fieleke, Norman S. (1992-05)
Over the past several decades, more and more countries have entered into preferential trading arrangements, provoking concern that the benefits of free trade are being sacrificed to growing discrimination. Just how widespread is this discrimination in international trade, and is it "legitimate" under the codes of international behavior to which countries generally subscribe? What does economic theory tell us about the likely consequences of such discrimination, and why do so many nations engage in it? ; The author finds that most of the preferential trading arrangements, accounting for ...
New England Economic Review , Issue May , Pages 3-20

Conference Paper
International payments imbalances in the 1980s: proceedings of a conference held October 1988
Fieleke, Norman S. (1989-10)
Conference Series ; [Proceedings] , Volume 32 , Issue Oct

Journal Article
International capital movements: how shocking are they?
Fieleke, Norman S. (1996-03)
International linkages of national capital markets have strengthened in recent years, as many nations have relaxed restrictions over their financial markets and as technical advances have speeded communications. While some controls over capital movements remain, the degree of integration is impressive--and has been for years, well before it became fashionable to speak of "globalization." This article examines the volatility of capital movements relative to national outputs for 11 industrial countries.> The author finds that the volatility of capital flows appears to be no greater now than ...
New England Economic Review , Issue Mar , Pages 41-60

Journal Article
The International Monetary Fund 50 years after Bretton Woods
Fieleke, Norman S. (1994-09)
In July 1944 at Bretton Woods, New Hampshire, delegates from 44 nations agreed upon an international monetary system to be established following World War II. At the heart of the system was the International Monetary Fund, which was to foster economic prosperity by promoting international monetary cooperation, orderly exchange-rate arrangements, restriction-free multilateral payments, and efficient balance-ofpayments adjustment. ; This article surveys the functioning of the IMF, focusing on recent experience. The article discusses the means and methods the IMF has employed to achieve its ...
New England Economic Review , Issue Sep , Pages 17-30

Journal Article
The decline of the oil cartel
Fieleke, Norman S. (1986-07)
New England Economic Review , Issue Jul , Pages 32-41

Journal Article
Uruguay Round of trade negotiations: industrial and geographic effects in the U.S
Fieleke, Norman S. (1995-07)
No other international trade negotiations have been so comprehensive as the Uruguay Round, in which participants agreed to liberalize trade in agricultural products, to reduce tariffs on industrial products by an average of more than one-third, and to establish a World Trade Organization. This article examines the effects of the Uruguay Round agreements to liberalize trade in goods, focusing primarily on the United States. The analysis suggests that the agreements will have only a negligible impact upon employment in nearly every U.S. manufacturing sector, in every state, and in the country ...
New England Economic Review , Issue Jul , Pages 3-11