The international monetary system has changed radically in the last twenty years. Capital, information, goods, and services move around the globe with unprecedented ease. Countries from the former communist bloc have joined the system. Europe is on the verge of monetary union. Financial crises...

The international monetary system has changed radically in the last twenty years. Capital, information, goods, and services move around the globe with unprecedented ease. Countries from the former communist bloc have joined the system. Europe is on the verge of monetary union. Financial crises...

Der vorliegende Bericht, der neunte in dieser Reihe, ist das Ergebnis einer Konferenz unabhängiger Ökonomen aus Japan, Westeuropa und Nordamerika. Wie auch im letzten Jahr, stand die Wirtschaftspolitik, die in den Ländern dieser drei Regionen betrieben wurde, im Mittelpunkt der Gespräche....