Introduction; 1. The practical theorist: Peter Kenen's contribution to international economics Paul R. Krugman; Part I. International Trade Theory: 2. Nature, capital and trade: a second look Patrick J. Conway; 3. The Meade model of preferential trading: history, analytics and policy implications Arvind Panagariya; 4. International trade and big government Dani Rodrik; Part II. International Monetary Theory: 5. Exchange rate regime and international trade Reuven Glick and Clas G. Wihlborg; 6. Exchange rates and investment response in Latin America Linda S. Goldberg; 7. Optimum currency areas and exchange rate volatility: theory and evidence compared Tamim Bayoumi and Barry Eichengreen; 8. Optimum currency area theory: bringing the market back in Benjamin J. Cohen; Part III. Applied Policy Analysis: 9. Labour market adjustment and trade: their interaction in the Triad Marina V. N. Whitman; 10. Do the G-3 countries coordinate monetary policy? Kathryn M. E. Dominguez; 11. Fundamental determinants of Mexico's exchange-rate crisis of 1994 Polly Reynolds Allen; 12. Devaluation cycles and adjustment costs Nancy P. Marion; 13. Payments problems in the Commonwealth of Independent States Constantine Michalopoulos.

"Peter Kenen has enlightened the economics profession with 40 years' worth of contributions to international monetary theory, international trade theory and public policy debates. Benjamin Cohen's International Trade and Finance: New Frontiers for Research is the profession's way of providing a well-deserved and well-crafted thank you. A `must read' volume for all interested in international economics." Ronald W. Jones, University of Rochester