Chapter 1. Introduction -- Chapter 2. China’s Economy and Success without Freedom -- Chapter 3. The American Economy and Institutions with Sino-U.S. Trade -- Chapter 4. Specific Problems in the U.S.-China Trade Relationship -- Chapter 5. Institutional Free Riding, etc.

Towards the end of 2009, the world economy was recovering from its deepest recession since the end of World War II. Most countries around the world took resort to fiscal policy in order to foster this recovery. In this paper, we first discuss the pros and cons of discretionary fiscal policy from...

We analyze the relationship between trade and the environment in a vertically integrated world economy, an international market structure that deserves further scrutiny given its empirical relevance. Next to the traditional free-riding incentive, we find that the stringency of environmental...

George Zis, David Cobham and Athanasios Papadopoulos. The cost of political intervention in monetary policy. International Finance, 2004, vol. 7, no. 3, pages 471-493. Published by and copyright Wiley-Blackwell Publishing. The definitive version of this article is available from...