The 2009 European Report on Development analyses the costs and characteristics of fragility (Section 1), the capacity of fragile countries to cope with negative shocks such as the 2008-09 financial crisis (Section 2), and the EU’s current engagement with fragile countries as well as the...

Economists are increasingly using computer simulations to understand the implications of their theoretical models and to make policy recommendations. New model solution techniques are required to deal with the increasingly important role of dynamics and uncertainty in macroeconomics. This book...