Structural policies, networked information technologies, and flexible and skilled human resources transform old social and economic activities into new ones, which together increase economic growth in today's "new economy." In this study Catherine L. Mann and Daniel H. Rosen examine how this new...

The global financial crisis of 1997-98 and the widening US trade deficit have precipitated fresh inquiry into a set of perennial questions about global integration and the US economy. How has global integration affected US producers and workers, and overall growth and inflation? Is a chronic and...

Electronic commerce is changing the way businesses and consumers create, sell, and buy products, and the way they communicate and learn. How can policymakers position their countries to take advantage of this new environment? How should policymaking adjust to a more global, more networked, and...

Information technology (IT) was key to the superior overall macroeconomic performance of the United States in the 1990s--high productivity, high growth, low inflation, and low unemployment. But IT also played a role in increasing earnings dispersion in the labor market--greatly rewarding workers...