Exchange rates, interest rates and share prices are subject - at least occasionally - to great fluctuations. Diverse economists regard the volatility of international financial markets as a threat to the goods and labour markets. They blame the price turbulences on the speculative behaviour of a...

The decisions of the EC conference in Nyborg last autumn were designed to consolidate and expand monetary integration in Europe. What degree of integration have the many years of effort achieved? What are the prospects for the future of the European Monetary System?

International barter transactions are becoming increasingly important in world trade. The following article examines the reasons for this as well as its implications for competition and the international division of labour, and presents an assessment of future developments.

Indications of a fundamental change in the climate, worsening pollution of international waters, destruction of the atmosphere, and other disconcerting changes in the environment are international problems that know no boundaries and affect the global community. Nevertheless there exist hardly...