Students, researchers, and public sector officials will find that this comprehensive survey of public finance both reviews traditional fiscal policy theories and searches for solutions to contemporary problems by relating theory to practice. The author analyzes the place the public sector can and should have in market economies and its influence on the private sector. Issues in public sector finance as they affect overall economic policies to correct undesirable trends. Governments are troubled by budget deficits, inflation, and unemployment, and international transactions grow rapidly...

In this timely volume, Nicholas Gianaris examines trade and investment relations and related economic policies as they affect development trends in Europe and the United States. Particular emphasis is placed on the potential effects on the historical ties between the United States and Europe of such developments as the integration of Western Europe in 1992, the rapid opening of Eastern Europe, German reunification, and the potential for stronger economic cooperation in North America. Gianaris examines the impact of these issues on a wide range of economic matters including the relationship...

Gianaris examines the theoretical and practical aspects of different economic systems in countries with varying ideologies. These include the United States, the European Community, and Japan with their capitalist or free market economies; the Swedish welfare state; communist China; and the former Soviet republics and Eastern Europe with their movement toward free markets and democratization. This interplay of economics and politics seen in the world arena presents new problems of production and distribution, as well as new rules and institutions. This work analyzes the dramatic...

The privatization revolution, profit or revenue sharing, and employee participation in enterprise decision making are some of the major characteristics of modern capitalism. Such features can be observed in almost all countries, including Western developed, Third World, and primarily ex-socialist countries. The diffusion of stock ownership, the promotion of economic and industrial democracy, and the globalization of production and finance present new challenges and opportunities and reflect important structural economic and political changes. This book examines all these issues and...

In this timely volume, the ongoing, dramatic economic and geopolitical changes in NAFTA and the European Union are examined. Gianaris pays particular attention to the potential for stronger economic cooperation between North America and Western Europe. This unique book deals with similarities in economic organizations and related fiscal and monetary policies as they affect trade and financial transactions between these regions, and provides a detailed examination of trade and investment relations, capital flows, and currency realignments as well as transatlantic joint ventures. In...

The global economy is undergoing dramatic financial changes. The removal of technical, trade, and monetary barriers and the liberalization of world economies create challenges and opportunities for investment and financial transactions. With these changes, international finance is expected to play a vital role in foreign exchange, cross-border capital flows, joint ventures, and economic growth, but rapid progress in telecommunications and electronic capital transfers could lead to tremors in financial markets, making the global economy vulnerable to speculation, investors' panic, and...

Europe is undergoing dramatic economic and political changes. This work discusses structural changes and main problems and developments in relationships between the European Community (EC) and Eastern Europe. Part I deals with the EC, mainly the West European democracies, and gives an historical framework for formation and expansion of this group. Part II deals individually with the East European and troubled Balkan countries. Part III deals with the European countries in the former USSR.

"Greece and Turkey" is a pioneering study of two neighboring nations at different stages of economic development. Gianaris thoroughly examines dominant characteristics of each country's economy and assesses developmental trends toward closer cooperation, not only between themselves but among other nations as well. He demonstrates that their history of conflict and mutual suspicion, especially over Cyprus, is now more counterproductive than ever--inhibiting important economic and geopolitical benefits to both countries. The volume is divided into three parts, beginning with an examination...

"Geopolitical and Economic Changes in the Balkan Countries" is a background work on the history, wars, and invasions of the Balkans. The ways in which this background has produced and altered the present unsettled situation in Bosnia and other parts of the peninsula is discussed. The recent involvement of the United States and the stabilizing role of Greece in southeastern Europe, as well as the potential economic cooperation between the Balkan countries and the European Union are analyzed.