The partial effect of nominal exchange rate volatility on exports from each EMU member to the rest of the EMU is estimated on annual data for 1967-97, using modern time-series methods.

A discussion of the role that the United Nations Economic Commission for Europe can play in helping to integrate the countries of South-Eastern Europe into the wider European economy as well as the global economy. Central to this discussion is how the UNECE can increase its institutional...

Launched as a political bloc and security pact in the aftermath of the Viet Nam War, the Association of Southeast Asian Nations (ASEAN) has evolved to embrace an ambitious economic agenda. Its latest project is to establish the ASEAN Economic Community (AEC) by 31 December 2015. Fulfilling these...

Launched as a political bloc and security pact in the aftermath of the Viet Nam War, the Association of Southeast Asian Nations (ASEAN) has evolved to embrace an ambitious economic agenda. Its latest project is to establish the ASEAN Economic Community (AEC) by 31 December 2015. Fulfilling these...

We analyze how global economic integration of factor markets affects the stability of the macro economy, with respect to expectations-driven fluctuations, when countries differ in their labour market institutions. It is shown that, due to the occurrence of equilibrium indeterminacy,...

Launched as a political bloc and security pact in the aftermath of the Viet Nam War, the Association of Southeast Asian Nations (ASEAN) has evolved to embrace an ambitious economic agenda. It latest project is to establish the ASEAN Economic Community (AEC) by 31 December 2015. Fulfilling these...