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Designing the European Model
This book examines existing problems in the European economy, focusing on labor markets, macroeconomic issues, financial architecture and competition policy. This book examines existing problems in the European…
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Euroland and the World Economy
Little attention has been paid to the role of the European economies, and notably of the euro area, in the current global imbalance of international payments and growth rates, leading…
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Global Recession Risk
This book consists of a systematic analysis of the G7 doctrine of shared responsibility for reducing external imbalances to avoid a global recession originating in the devaluation of the dollar….
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Globalization and Economic Ethics
What is the appropriate criterion to use for distributive justice? Is it efficiency, need, contribution, entitlement, equality, effort, or ability? Globalization and Economic Ethics maintains that far from being rival…
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How the Chinese Economy Works, Second Editon
What are the driving forces – both endogenous and exogenous – for, and how have they influenced China’s economic transformations during the past decades? This revised and updated second edition…
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Innovation Nation
This book explores the nature of innovation in Japan. It begins with an analysis of Japan’s current situation, focusing on the business environment, the economy and contemporary political conditions, and…
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Macroeconomic Volatility, Institutions and Financial Architecture
The deregulation of domestic financial markets and the capital account in developing countries has frequently been associated with financial turmoil and macro volatility. The book analyzes the experience of Argentina,…
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Political Economy of Brazil
This book contributes to the rich and ongoing debate on the economic policy reforms of the past decade in Brazil. This book examines a range of policy areas,…
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Political Economy of Latin America
This book explores the political economy of a number of Latin American countries in the aftermath of the introduction of liberalization policies in this part of the world. …
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Procyclicality of Financial Systems in Asia
Procyclicality of the financial system is a feature of any normally functioning economy. However, procyclicality can sometimes become excessive leading to undesired effects on the real economy. The challenge that…
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The “One China” Dilemma
The new developments across the Taiwan Strait have illuminated the dilemma of the “One China” policy, which could mislead to inconsistent or even contradictory policies, and result in devastating military…
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Understanding China’s Growth
Conventional analytical tool kits often do not work in China due to its strong idiosyncrasies and opaque system. Using rigorous economic analysis, backed by solid data and accounts of real…