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Restoring Europe's Prosperity is the first annual produced by the Centre for European Policy Studies (CEPS), an independent research institution which focuses on the major medium- and long-term issues facing the European community and Western Europe both internally and internationally.The most important economic problems of the past five years have concerned unemployment, economic growth, fiscal deficits, and the value of the U.S. dollar. It is clear that past and present economic policies have not effectively addressed these problems. This CEPS annual selects the best work of the Centre's...

The underlying theme of Rudi Dornbusch's work is unabashedly Chicago, namely, the University of Chicago belief that markets solve problems best and that most bureaucrats, even when well-intentioned, are distracted by politics or excessive zeal for perfect solutions. Dornbusch seeks to challenge those in charge with alternative answers and to limit their ambitions. He takes aim at central bankers, bureaucrats, unions, do-gooders, and politicians from Brazil, Japan, Russia, and other scenes of economic disaster.This book collects Dornbusch's recent commentaries from such publications as...

Die achte Auflage wurde gegenuber der sechsten deutschen Auflage und der amerikanischen siebten stark verbessert und uberarbeitet.