This book brings together an important body of new essays on key economic problems and challenges of the 1990s. The essays provide new perspectives on key issues including economic development, East Europe, 1992, the US trade deficit, protectionism, the unification of Germany, privatization and many other topical issues. The papers included in the volume were presented at a conference organized by Paul Davidson and Jan Kregel and organized around three basic areas: problems of economic development, debt and the international payments system; integration and reconstruction of Western and Eastern Europe; and problems facing the US economy. The contributors represent an international group of distinguished economists. Economic Problems of the 1990s is an essential reference point for all economists concerned with economic problems and prospects in the late 20th century. It provides readers with an understanding of the problems facing the international economy and with innovative suggestions for solutions.

Full employment and growth in the international economy remain the greatest economic challenges as we approach the twenty-first century. This important book, edited by two leaders in the field, rigorously examines these real world problems from a post Keynesian perspective and provides practical policy solutions for achieving growth and reducing unemployment.The increasing interdependence of world trade and the integration of capital markets has led to the globalization of the international economy. This globalization demands new policy prescriptions for international growth and employment without inflation. In order to combat stagflation, a distinguished group of authors suggests policies for achieving growth and employment within the framework of an entrepreneurial market system. They identify and evaluate the factors determining the expansion of the global economy and assess the impact of financial markets, derivatives and international regulations on domestic and global economic performance. Improving the Global Economy will be of special interest to policymakers, macroeconomists and all those concerned with global growth and employment issues.

Ragnar Nurkse (1907-1959) was one of the most important pioneers of development economics, and although his writings have been neglected in recent decades, leading development economists and international organizations such as the United Nations are now turning to Nurkse in search for new inspiration, due to the failure of neoclassical economics to adequately explain the experience of poor and developing countries. Yet Nurkse's contribution to the field has never before been analysed before at book length. The present volume, 'Ragnar Nurkse (1907-2007): Classical Development Economics and its Relevance for Today', contains a selection of papers that cast new insight on Nurkse's thought, and discuss his relevance for today. The volume also celebrates the 100th anniversary of this profoundly important thinker's birth.

Ragnar Nurkse (1907-1959) was one of the most important pioneers of development economics, and although his writings have been neglected in recent decades, leading development economists and international organizations such the United Nations are now turning to Nurkse in search for new inspiration, due to the failure of neoclassical economics to adequately explain the experience of poor and developing countries. Until now, however, all Nurkse's published works were out of print, and the most recent editions stem from the early 1960s.

'Ragnar Nurkse, Trade and Development' reprints Nukse's most important works, making them widely available for an audience of economists, policy makers, researchers and students. The works reprinted here include two essays never printed before in this format: 'Growth in Underdeveloped Countries', (1952) and 'International Trade Theory and Development Policy' (1957), as well as the collected essays from 'Equilibrium and Growth in the World Economy' (1961), and the monograph 'Problems of Capital Formation in Underdeveloped Countries' (1953).

Ragnar Nurkse (1907-1959) was one of the most important pioneers of development economics, and although his writings have been neglected in recent decades, leading development economists and international organizations like the United Nations are now turning to Nurkse in search for new inspiration, due to the failure of neoclassical economics to adequately explain the experience of poor and developing countries. Until now, however, all Nurkse's published works were out of print, and the most recent editions stem from the early 1960s. 'Ragnar Nurkse, Trade and Development' reprints Nukse's most important works, making them widely available for an audience of economists, policy makers, researchers and students. The works reprinted here, include two essays never printed before in this format 'Growth in Underdeveloped Countries', (1952) and 'International Trade Theory and Development Policy' (1957), as well as the collected essays from Equilibrium and Growth in the World Economy (1961), and the monograph Problems of Capital Formation in Underdeveloped Countries (1953).

Ragnar Nurkse (1907-1959) was one of the most important pioneers of development economics, and although his writings have been neglected in recent decades, leading development economists and international organizations like the United Nations are now turning to Nurkse in search for new inspiration, due to the failure of neoclassical economics to adequately explain the experience of poor and developing countries. Yet Nurkse's contribution to the field has never before been analysed before at book length. The present volume, 'Ragnar Nurkse (1907-2007): Classical Development Economics and its Relevance for Today', contains a selection of papers that cast new insight on Nurkse's thought, and discuss his relevance for today. The volume also celebrates the 100th anniversary of this profoundly important thinker's birth.