The growing importance of services has led to significant structural change in advancedeconomies, with the service sector now accounting for the largest share of employment indeveloped countries. In his seminal model of the so-called cost disease of services, WilliamBaumol noted that the prices...

It has been quite obvious for several years already that the attempts to achieve the aim of price stability are running into the greatest difficulties. While the rates of inflation are escalating in almost all countries, it is becoming increasingly clear at the same time that the authorities...

Despite or because of the relatively brief concluding document of the Belgrade follow-up meeting mandated to examine the implementation of the Helsinki Final Act, it is worthwhile to review the proposals made in "Basket II" (economics) and relate them to the two other "Baskets" (security and...