This volume contains the proceedings of a September 1987 conference and focuses on the NorthSouth macroeconomic interactions.This volume contains the proceedings of a September 1987 conference organised by the Centre for Economic Policy Research and the International Economics Study Group. The contributors in this volume delve into the NorthSouth macroeconomic interactions. This book will be of interest to students and anyone who works in trade, finance, international macroeconomics and the economics of developing countries.This volume contains the proceedings of a September 1987 conference organised by the Centre for Economic Policy Research and the International Economics Study Group. The contributors in this volume delve into the NorthSouth macroeconomic interactions. This book will be of interest to students and anyone who works in trade, finance, international macroeconomics and the economics of developing countries.This volume contains the proceedings of a September 1987 conference organized by the Centre for Economic Policy Research and the International Economics Study Group. the volume focuses on the strategic aspects of North-South interactions; the authors include some of the leading contributors to the growing literature on strategic interactions among interdependent economies.List of figures; List of tables; Preface; List of conference participants; 1. Introduction David Currie, Anton Muscatelli and David Vines; 2. An econometric investigation of NorthSouth interdependence Michael Beenstock; Discussion Michael P. Dooley; 3. NorthSouth interactions: a general-equilibrium framework for the study of strategic issues David Currie, David Vines, Thomas Moutos, Anton Muscatelli and Nic Vidalis; Discussion Paul Armington; 4. Commodities, debt and NorthSouth cooperation: a cautionary tale from the structuralist camp Andrew Hughes Hallett; Discussion Ralph C. Bryant; 5. The use of commodity contracts for the management of developing country commodity risks lÓ&