1. The essence of the problem -- 2. The trade perspective -- 3. National accounting perspectives -- 4. The international perspective -- 5. Nature of the adjustment mechanisms -- 6. The sustainability of the deficit -- 7. The demand for US assets -- 8. China and the United States -- 9. Conclusion.

The Economic North-South Divide explores the structural roots of the debt crisis and considers the impact of debt management on North-South economic relations, exposing certain double standards that tilt global markets further against the South. Encouraged by recent successful opposition to...

Tax Evasion and Firm Survival in Competitive Markets illustrates how a firm with high production costs but which is easily able to evade taxes may displace from the market a company with low production costs but poor tax evasion capabilities. The difference in production costs between the...

This timely book deals with the problem of pricing passenger and freight transportation within Europe. The contributors argue that current legislation affecting pricing and regulation is increasingly less successful in dealing with market failures and externalities such as congestion, air...

The transfer study, a technique used in cost-benefit analysis, is an increasingly important tool used by government agencies to assess environmental regulatory policy. This innovative book develops protocols for using the transfer method to approach environmental problems and introduces several...

This important new book enhances our understanding of the dynamic interactions between economic activity, economic growth, pollution abatement and environmental policy. It addresses one main policy problem: how can the direct and indirect costs of environmental policy for multiple pollutants be...

1. An investigation on the growth performance of small tourism countries -- 2. Forecasting international tourism demand and uncertainty for Barbados, Cyprus and Fiji -- 3. Land, environmental externalities and tourism development -- 4. Tourism, increasing returns and welfare -- 5. How to develop...

This book presents an interdisciplinary perspective on the possibility of creating a sustainable path of economic development which would not harm the natural environment. It presents concepts, theories, methods and policy advice on sustainability and debates the difficulty in establishing a...