International bank lending is a major component of capital flows between advanced and emerging economies. However, in recent years these flows have been going the wrong way, like water flowing uphill. Even four years after the Asian crisis, there is a net flow of funds from emerging economies to...

This paper describes some experiments with the construction of relatively simple indices which summarise in a systematic and objective way information about emerging economies currently under pressure in financial markets and those vulnerable to such pressure in the future. A survey of the...

Electronic trading is a force for change across markets, enabling a greater variety of trading arrangements, which in turn can affect the performance of markets and welfare more generally. This article first considers why the extent and speed of adoption of new trading systems has been very...

We present a computational model of fishing fleet dynamics for the Queensland coral reef line fishery. The model runs in a two dimensional space with agents moving between port and the collection of available reefs. The model of rationality is based on the haystack models of game theory, such...

This paper describes some experiments with the construction of relatively simple indices which summarise in a systematic and objective way information about emerging economies currently under pressure in financial markets and those vulnerable to such pressure in the future. A survey of the...