A comprehensive overview of current research in the field of trade, payments and debt. Grossman and Helpman provide a non-technical review of the literature on technological deteminants of trade. Thisse and Fujita discuss current work on the spatial configuration of economic activities. Robert Findlay tracks world trade from 1000 to 1750, while Robert Baldwin surveys the impact of international trading alliances. In his Presidential paper, the World Bank Vice-President Michael Bruno looks at the pattern of debt crises and economic recovery. The sustainability of external debt in Africa is...

This volume contains chapters on a range of topics which include economic methodology in macroeconomics, central bank independence, policy signalling, public policy as second best analysis, the determinants of economic growth, a continuum approach to unemployment policy, and pensions. The volume dispels the notion that these are largely unrelated issues and illustrates the merger process which is taking place between hitherto rather separate economic sub-disciplines. They move the focus of attention and challenge received wisdom.

A collection of essays presenting new insights into the analysis of public debt theory, recent historical episodes, econometric analyses and policy dilemmas and options. It also documents the perceptions of debt problems from viewpoints of national economies as well as the world economy.

]At a time of rapid change in Central and Eastern Europe, there is widespread interest in alternative forms of market economy. Is it possible to combine the best features of capitalism with the best features of socialism? The first part of the volume examines the idea of Agathotopia' put forward by Nobel-Prize winner James Meade; the second with worker participation and economic democracy, including the Yugoslav experience and the third with partnership at macro- and micro-levels.

Wilfred Owen's poetry is now very widely known as the finest that came out of the First World War. But much about the poet and his work has not been fully understood. This book, based on unrivalled research, is the first to study of Owen's complete poetic achievement, revealing the uniqueness, strangeness and unity of what he called his 'poethood'. His war poems are shown to be a consistent development from his prewar verse and his unswerving allegiance to Romanticism; they grew out of a pattern of mythologised secret experience that took shape in some of his least-known manuscripts before he...

This volume contains the proceedings of a conference held to assess the current state of the analysis of the labour market and of industrial relations and their relationship to economic performance.

International trade and investment have flourished globally but nowhere so spectacularly as in the Asia-Pacific region. This volume brings together some of the most eminent economists in the field to analyse this vital region from both theoretical and empirical perspectives. The volume focuses especially on trade policy and welfare, game theory analysis of trade policy and the linkages between trade policy and endogenous growth.