Econometric models are a widely used and powerful tool in macroeconomic analysis and forecasting. Admittedly, their acceptance by the academic community had some hard times during the seventies and eighties. The general decline in the reputation of macroeconomics, the Lucas and the Sims...

The term globalisation has gained widespread popularity; yet most treatments are either descriptive and/or focused on changes in economic interconnectivity. This book brings together leading international experts from a range of disciplines to develop a long-term analysis to address the problems...