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In a series of summits, leading countries of the world will meet to draw up an international arrangement for financial … appropriate principles of monetary policy, rules for financial soundness and agreements on the role of prudent regulation. The … paper discusses the lessons from the subprime crisis, failures of regulation, crisis management in the US and in the EU and …
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In this book, experts in international economics analyze the synchronization of business cycles and their volatility. Based on this, they discuss the need and feasibility of internationally coordinating monetary, fiscal, and exchange rate policies
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The paper looks at the global environment as a public good and as a sink for CO2-emissions. It discusses problems to be solved in institutional arrangements to protect global environmental media and looks at criteria for allocating the costs of emission reduction and emission rights. It analyzes...
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