In this essay, I am going to focus attention on China and India as new economic juggernauts that are having great influence at the present time. Of course, those two powerful economies may be joined by others that are large and dynamic at the present time, but movements of others do not come up...

International policy coordination in terms of fiscal, monetary, commercial, and industrial policies are considered in this paper. Coordination does not mean that policies are to be the same in various countries, but that they should fit together in a balanced way to promote economic growth and...

China's economy has developed in such a startling way that most people – economists or not – place, as starting from about 1978, and many are questioning whether or not it can last? At the same time, they are wondering about its effect on the United States, and the world at large,...