Globalization deeply affects economic structures and raises the issue of how governments should respond to the new challenges. In this book, various ways of improving the institutional setup for global governance are discussed by renowned experts. The discussion focuses on further liberalizing international trade, preventing international financial crises, and protecting global environmental systems. The advantages of free international trade as well as the fear of anti-globalizationers are considered in the contributions.
Globalization deeply affects economic structures and raises the issue of how governments should respond to the new challenges. In this book, vario...
The integration of goods and financial markets has progressed on a global scale in recent years. Thus, the cyclical patterns in the world economy may have changed too. Against this background, experts in international economics analyze the synchronization of business cycles and their volatility in this book. Is there an European business cycle? What is the role of multinational corporations and monetary policy in transmitting business cycles? Further, they discuss the need and feasibility of internationally coordinating monetary and exchange rate policies and the quantitative effects of...
The integration of goods and financial markets has progressed on a global scale in recent years. Thus, the cyclical patterns in the world economy m...
This book will be of particular relevance for readers interested in a thorough analysis of international capital flows, their determinants and their macroeconomic implications. It also provides information about the origines of international financial crisis and assess proposals to overcome and avoid financial crisis in the future. The book is an outcome of a conference held at the Kiel Institute of World Economics. The papers cover the track record of financial integration, the changing structure of financial markets and the implications for macroeconomics and growth. Particular emphasis...
This book will be of particular relevance for readers interested in a thorough analysis of international capital flows, their determinants and their m...
