The book illustrates how the treatment of complexity in analytical frameworks shapes economic studies. It explores the ways economists make sense of our economic environment and where their differences in interpretations of economic issues and policy proposals are rooted. Schwardt examines...

Introduction -- Algeria -- Angola -- Azerbaijan -- Brazil -- Canada -- China -- Cyprus -- Egypt -- Equatorial guinea -- Ghana -- Iran -- Kenya -- Lebanon -- Libya -- Mozambique -- Nigeria -- Norway -- Qatar -- Timor -- Conclusion

In this study we examine the impact on Hungary of a possible correction of global imbalances. We distinguished four different channels of the global adjustment process, which are widely referred to in the literature (fiscal tightening in the U.S.; housing price correction in the US; an increase...