'Enrico Marelli and Marcello Signorelli provide an excellent analysis of the causes of the Eurozone crisis and of the strategies that we will have to follow to ensure the survival of the Euro.' - Paul De Grauwe, Professor of European Political Economy, London School of Economics, UK 'After...

This paper assesses the strength of business cycle synchronization between 1950 and 2014 in a sample of 21 countries using a new quarterly dataset based on IMF archival data. Contrary to the common wisdom, we find that the globalization period is not associated with more output synchronization...

1. Rising China and its integration with the changing world economy / Wei Xia and Liming Wang -- 2. Rising China : its strength and problems / Gregory C. Chow -- 3. Evolution after revolution : the Chinese 'claiming state' between history and textbook economics / Giuseppe Gabusi -- 4....

This book applies a spatial economics perspective to the understanding of the recent dynamism of the global economy, with particular focus on East Asia, and examines the prospects of regional integration in East Asia