The recent global crisis has reminded everyone of the importance of reforming the international monetary and financial system. The current system is no longer adequate to meet the needs of a complex, integrated world economy. Various proposals, both on the demand and supply sides, have been put...

In this WZB Discussion Paper we develop an analytical framework for the research project 'Contested World Orders', a collaborative effort between researchers based at the German Institute of Global and Area Studies (GIGA), the Peace Research Institute Frankfurt (PRIF), and the Berlin Social...

The policy advice given by economists in international institutions is influenced by their prior academic work. In my case, applied general equilibrium work resulted both in a belief in the necessity of decentralized markets and in a distrust of their ability to be stable. A career in...