The dramatic rise in international production in recent years stands out as the most decisive factor in the globalization of economic activity. Foreign Direct Investment (FDI) has been growing very rapidly in the recent past while international trade ceased being the principle mechanism linking...

The dramatic rise in international production in recent years stands out as the most decisive factor in the globalization of economic activity. Foreign Direct Investment (FDI) has been growing very rapidly in the recent past while international trade ceased being the principle mechanism linking...

The argument in this chapter is that formation of EMU is about restructuring the financial architecture of Europe in order to enhance-rather than simply diminish-national autonomy. By implication, EMU functions-at least in part-to shore up and insulate Europe's member states during a period of...

The argument in this chapter is that formation of EMU is about restructuring the financial architecture of Europe in order to enhance-rather than simply diminish-national autonomy. By implication, EMU functions-at least in part-to shore up and insulate Europe's member states during a period of...