This book aims to explore the potential of the industrial district 'model' through the analysis of Italy, the 'land' of districts, and in Mexico, a less developed country.
Sir Roy Harrod was one of the foremost economists of the twentieth century who made pioneering contributions in several branches of economics including: trade cycle theory; growth theory; trade theory; monetary economics; imperfect competition theory, and methodology.
The Bundesbank is one of the world's most powerful and successful central banks, outstanding for its independence in the conduct of monetary policy and for its success in the achievement of relative price stability virtually throughout the post-war era.
This book focuses on the functioning of the evolving International Monetary System and on recent developments and trends in the financial markets that have become increasingly globalized.
'I wish Professor Rao and his collaborators every success in ensuring that future generations of students do not have to put up with logically incoherent foundations to their understanding of modern economic systems' - G.
A collection of articles presented at the XLVI Applied Econometrics Association conference on exchange rates held in Heigerloch Castle, Germany), in 1995.
Market Behaviour and Macroeconomic Modelling discusses several state-of-the-art developments in the modelling approach to market behaviour in macroeconomic modelling.
In this volume the authors provide a survey and an examination of the roots of Swiss banking in order to explain the phenomenal success of Switzerland's banks.
For the large number of developing countries undergoing significant structural transformations, one of the most important and controversial adjustment areas is that of the financial markets.
This book presents an extensive survey of the theory and empirics of international parity conditions which are critical to our understanding of the linkages between world markets and the movement of interest and exchange rates across countries.
International payments unions and clearing houses have been employed by 88 countries in Europe, Asia, Africa, Latin America and the Caribbean to liberalise regional trade and payments during the past 50 years.
This volume contains papers prepared for the Bank of Japan's Seventh International Conference which explore the operational and institutional framework for effective monetary policy implementation against the background of recent developments in economics and central banking practice.
What policies should be pursued by, first, the peripheral countries, like Greece and Eastern Europe, and, second, by the median countries, like Spain, to qualify for monetary union?
This volume is the second collection of the series of lectures, held annually at City University, London, in honour of Henry Thornton, the renowned 19th Century monetary economist.
After a century and a half of efforts at constructing arrangements and rules for international monetary interaction, present-day national authorities do not seem to have come much closer to achieving the aim of enduring exchange rate stability combined with a good macroeconomic performance.
As a result of the regional debt crisis, most governments of Latin America in the 1980s entered into a process of profound policy change, from an import substitution oriented strategy to a focus upon export-promotion, with an emphasis upon market liberalisation.
The process of globalization can be seen in the increase of: trade interdependence, the importance of global multinational corporations, mobility and volatility of capital flows (with dangers demonstrated by the recent Mexican crisis).
The world economy is at a cross road: it can either widen and deepen international integration, within and between different areas, or be tempted by neo-protectionism.
At the beginning of the 1990's unemployment grew in all industrialized countries: the essays in this collection focus on the causes and cures of this worrying phenomenon.
This 1996 edition of Britain's Economic Problem opens with a substantial new chapter, 'Bacon and Eltis after 20 Years', in which the authors assess the impact of the policies of successive Conservative governments to bring British public expenditure under control.
In analyzing money, contemporary economics has focused its attention on money's function as a store of value, neglecting its role as medium of circulation.
'Friends of China can help her best by maintaining broad but not uncritical support and striving for a deeper understanding of this ancient culture and the political and economic structure of the nation.
This book contains papers addressing the major problems and possible reforms in the international monetary and financial system from the perspective of developing countries.
The Changing Industrial Map of Europe is a major study of the recent evolution of six key industries - information technology, pharmaceuticals, automobiles, retailing, transportation and insurance - and their response to the 'new Europe'.
Under the new world order, Japan's international business activity is being organised through tight networks that link banks, industrial corporations and trading companies and that are displacing onto Asia their main domestic problems.
This volume discusses major macroeconomic policies and issues from theoretical and practical perspective focusing on the link between theory of macroeconomic management policy and its practice in the last few decades.
The S&L crisis of the 1990s has given many a reason to review the events which led to a (in many ways) similar banking crisis sixty years ago, and the subsequent legislation of the Emergency Banking Act, the Banking Act of 1933, the Banking Act of 1935, and other related legislation.
Before 1984 New Zealand was insulated by high levels of protectionism and with a degree of State intervention and regulation unparalleled elsewhere in the western world.
The mainstream view of the way in which best to transform the communist economies was that there should be a rapid transition to a free market economy and political democracy.
