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This collection of essays is concerned with three major and debated
topics in international economics, namely interdependence between
countries, real and financial integration, and the conflicting
relations between industrialized (North) and developing countries
(South). The first section deals with the international policy
coordination problem and the economic growth of open economics. In
the second section new foundations for commercial policy and the
problems of economic integration, real and monetary, are discussed.
The final section includes an analysis of North-South relations and
the price of instability of primary commodities.
Single market and monetary integration of EEC countries, Germany's
reunification and Central and East Europe's move towards the
marketplace are redesigning the european political and economic
spheres and creating great opportunities and challenges for Europe
and the rest of the world. Europe in the nineties will take a new
international policy direction, which may serve to strengthen
supranationalism. The Community as a whole must ensure that these
new steps make it possible to reconcile the economic interests of
countries on the continent and in the rest of the world. This book
deals with the problems raised by this process and is divided into
three sections: the first section comprises five essays on
fundamental themes of single-market process; the second section is
devoted to the issue of monetary unification and the third and
final section studies the connections between the 'new' Europe and
the rest of the world.
Building the "new Europe" is at the core of the new international
economic and political initiatives leading the world through the
1990s and toward the 21st century. This challenge rests on dual
processes: on the one hand, the European Community-wide single
market and monetary integration; and, on the other, the East
European transition to the market place and integration with
Western economies. This second of two volumes is divided into two
parts. The first section includes essays on the general and
specific topics linked to the transitions to a market economy and
to a pluralist political system. The second section comprises
essays on individual countries, such as Hungary, Poland,
Yugoslavia, and the Republics of the former Soviet Union.
This book brings together leading economists to analyze present
economic issues and further debate on the need for sound economic
policies to avoid a crash on a global scale. Subjects covered
include: the US twin deficit, Western European economic
integration, Eastern Europe's transition towards a market economy,
the debt burden of the less developed countries, the growing and
deepening discrimination against the rest of the world by new
homogeneous areas such as the North America free trade area, and
the new Europe and Japan. These are the issues at the head of
global disequilibrium in the world economy.
The US twin deficit, Western European economic integration, Eastern
Europe's transition towards a market economy, the debt burden of
the Less Developed Countries, the growing and deepening
discrimination against the rest of the world by new homogeneous
areas such as the North America free trade area, the new Europe,
and Japan are the issues at the heart of global disequilibrium in
the world economy. This book brings together leading economists to
analyse these issues and further the debate on the need for sound
economic policies to avoid a crash on a global scale.
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