The increasing cross-border flows of information, trade, capital and technology have profoundly changed the macroeconomic fabric of nations. In the emergent borderless world macroeconomic theories and policy-making confront new challenges. This paper identifies and evaluates some of these...

The maldevelopments due to aid-tied growth-maximisation strategies of the past decades have led to cynicism, and sometimes downright opposition to aid donation by taxpayers in the industrialised countries. On the other hand, radicals in the developing countries view aid as a Trojan horse to...

The paper analyses the forces that have integrated the Australian economy with the global financial markets. Besides, financial deregulation and the reduction of protectionist trade barriers, the widespread application of the revolutionary changes in information and communication technology has...

This paper explains the techniques used to measure and analyze the structure of the information economy using input-output modelling. Published national accounts data fail to identify the information economy and the focus is on the measurement of the conventional sectors such as agriculture,...