This book explores key economic problems and new policies for the global economy of the 21st century. The contributors discuss to what extent past policy errors were due to the incompetence of policymakers, and highlight problems including: international payments imbalances and currency crises,...

The volume explores how the southern engines, China, India, Brazil, and South Africa are reshaping the world economy. It looks at their development experiences, and examines how these could provide useful lessons to the developing world

The trend of increasing commodity prices that lasted for about 10 years between 2003 and 2012 has given way to lower global prices. It is now widely believed that prices will remain relatively low in the medium term, as growth in emerging economies has decelerated and, in general, commodity...

The world economy is near a critical crossroads, as a rising China, the greatest-ever beneficiary of US-led capitalism, dreams to replace America's supremacy as a new hegemonic power with a non-liberal world order. This third volume of the trilogy on reformulating the 'flying-geese' theory...

pt. 1. Introduction -- pt. 2. Regionalism : the World Trade Organization and the exchange rate -- pt. 3. East Asia and the Pacific -- pt. 4. Southeast Asia -- pt. 5. Sector studies -- pt. 6. Conclusion.