Against the backdrop of the present crisis this Forum is dedicated to the discussion of measures to prevent future breakdowns of the global economy. Daniel Gros, Ulrich Klüh and Beatrice Weder di Mauro regard as the biggest flaw in the existing structures the lack of an institution that has the...

Although the main responsibility for carrying out economic reforms in the countries of Central and Eastern Europe lies with these countries themselves, the transformation of the Soviet-style economic system into a market economy must be made easier by support from abroad. In this the...

While being a necessary consequence of the ongoing and desirable process of international division of labour, the increasing freedom of international money and capital movements has in recent years impaired the efficiency of national economic policy instruments. In order to overcome this...

The last 15 years have seen broad operational changes in the international system, accompanied since the beginning of the 1980s by a change in economic philosophy in a number of important industrial countries. Professor Bird examines the effects of various features of the post-Bretton Woods era...