Globalization and international economic instability

This book is an authoritative collection of important previusly published articles addressing the changing nature of the linkages between domestic financial system caused by the globalization of economic activity and capital flows. How these linkeges affect developed emerging and eveloping economies are investigated as well ...

Exhaustion of the dollar

its implications for global prosperity

The U.S. dollar has served as the key currency of the international economic/financial system for over fifty years. This study assesses the proposition that the series of U.S. current-account deficits over the last twenty years will shortly exhaust the capability of the ...