This volume provides an up-to-the-minute review of the open economy approach to analysing environmental problems and policies, which has produced a wealth of research over the past decade. It contains non-technical, issue-oriented, and comprehensive surveys written by specialists in international and environmental economics. The volume will appeal to scholars and students of economics and political science.

A Very Short History of Corruption Research and a List of What We Should Aim For

Environmental economics has traditionally been conducted in a closed economy mode. Most textbooks on the subject still reflect this restriction: international aspects of environmental problems are often not covered at all or dealt with as an afterthought. In a world in which many environmental pollutants spill over national borders, and national economies have become increasingly integrated, this state of affairs is clearly unsatisfactory; rational environmental policies undertaken in a globalizing world need to take the international economic and environmental relationships into consideration. This perception has given rise to much literature employing an open economy approach to analysing environmental problems and policies. After a decade of intensive research, the time has come to take stock of the state-of-the-art knowledge. It is the objective of this volume to provide a review which will be of interest to scholars and graduate students of economics and political science who wish to familiarize themselves with the main issues and actors in the field of international environmental economics. This collection of non-technical, issue-oriented, and comprehensive surveys is written by leading specialists in international and environmental economics.

Although globalisation is seen by many as the key economic trend, restrictions on international capital movements remain the norm in international finance. In 1996, 144 out of 186 countries maintained capital controls (IMF). Yet the vast majority of economists object to most controls on capital movement, arguing that they distort the allocation of capital and allow opportunities for fraud. What leads governments to impose restrictions on international capital movements? In this study of capital controls, Gunther Schulze uses a public choice model to explain this behaviour. He considers the many aspects of capital controls, including: quantitative measurements of capital controls, evasion, misinvoicing, the interaction between an investigating government and an evader, and the role capital controls play in helping governments meet their macroeconomic objectives. In addition to the theoretical and policy discussions the book also contains a comprehensive survey of the existing literature.

Although globalization is seen by many as the key economic trend of recent times, restrictions on international capital movements remain the norm in international finance. In this, the first comprehensive study of capital controls, Gunther Schulze uses a public choice model to explain their role. Presenting original research, as well as comprehensive surveys of the existing literature (including monetary economics, international economics, public economics and public choice) this book will be vital reading for policy professionals as well as researchers and upper level students in a wide range of disciplines.