The proposition that the Global Financial Crisis was inherently unpredictable is a recurrent theme amongst those charged with preventing such events. It is also a convenient untruth. A Netherlands academic did a rather better survey of the literature than Governor Stevens, to identify 12...

Key factors driving renewable energy demand are state and federal policies requiring the use of renewable feedstocks to produce energy (renewable portfolio standards) and liquid fuels (renewable fuel standards). However, over the next decade, the infrastructure for renewable energy supplies is...

By observing the economies of China, Germany, Japan, the United Kingdom and the United States, the article aims to study whether the economies are genuinely motivated to enhance global financial regulations. Throughout the Great Recession, the G20 nations have repeatedly declared that reforming...

Since the early 1970s, the scope for national social and economic policy in advanced industrial societies has been constrained by three consecutive changes in the international political economy. These were: 1) the breakdown of the Bretton Woods currency regime of fixed exchange rates and the...

[From the Introduction]. This paper analyzes the relationship between French and West German national macroeconomic policy patterns and Franco-German economic cooperation in the 1980s. I will argue that in some fundamental respects policy-makers in both countries had identified the same economic...

Economic and monetary union (EMU) is, undoubtedly, a unique and bold experiment. Although the introduction of the euro went well, the economic management of the EU as a whole, and the euro area in particular, has been subject to growing criticism (see, for example, Pisani-Ferry, 2002). Today,...

Economic and monetary union (EMU) is, undoubtedly, a unique and bold experiment. Although the introduction of the euro went well, the economic management of the EU as a whole, and the euro area in particular, has been subject to growing criticism (see, for example, Pisani-Ferry, 2002). Today,...

[From the introduction]. Institutional and ideological influences are not as important as they might seem at first glance. Seen from Bologna, there are good reasons to doubt the mainstream critique of European macroeconomic governance. Probably the most important is the bias in the conventional...

[From the introduction]. Institutional and ideological influences are not as important as they might seem at first glance. Seen from Bologna, there are good reasons to doubt the mainstream critique of European macroeconomic governance. Probably the most important is the bias in the conventional...

This paper discusses some of the recent developments in growth theory, doing so from the perspective of a small open economy. After setting out a basic generic model, we show how it may yield two of the key models that have played a prominent role in the recent literature, the endogenous growth...