This volume brings together contributions on the major economic policy issues which have opened up as a result of the immanent process of European Union Enlargement. The issues analyzed range from modelling and analyzing the costs and benefits of enlargement, to challenges for macroeconomic...

Can Latin America compete? Many argue that the macroeconomic and trade reforms of the 1990s merely put a handsome coat of paint over education, labour, judicial, and administrative reforms that remain incomplete. This book identifies ten factors that most influence the competitiveness of Latin...

Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems...

This book brings together policymakers, high-level practitioners, academics, and experts from central banks and international institutions in order to review key policy challenges for convergence in the region of central, eastern and south-eastern Europe. Contributions focus especially on...

The analysis in this book reflects various aspects of financial sector transformation in selected Central European countries that are expected to join the EU in 2004. The authors are Central European financial experts who provide, among other things, a detailed overview of the following main...

This volume argues that while labour market reforms may be necessary in some specific cases, by no means are labour market policies the main explanation for the widespread increase in unemployment and underemployment across Asia and country specific studies undermine the case for...

Since the economic crisis of 1997, there have been significant social policy reforms in East Asia. Using the concept of the developmental welfare state, this book seeks to answer whether the welfare reforms in East Asia have extended social rights while maintaining its developmental credentials....

The deregulation of domestic financial markets and the capital account in developing countries has frequently been associated with financial turmoil and macro volatility. The book analyzes the experiences of several countries, drawing implications for building development-friendly domestic and...

This book explores what happened in the transition economies of China, Vietnam and Myanmar from both macro and micro perspectives, and questions whether the governments of these countries are capable of implementing effective reform and transformation