1. The sixth Lord Robbins memorial lecture : reform of the international monetary system / Robert A. Mundell -- 2. The state of the world economy / introduced by Paul A. Samuelson -- 3. The euro in Europe and the world / introduced by Christopher Johnson -- 4. Monetary policy and economic growth...

This paper presents a formal model that characterizes the political mechanisms of demographic change, establishing a critical link in economic development. We demonstrate that fertility decisions are determined by three fundamental political variables: political stability, political capacity and...

1. Introduction -- 2. Issues facing the global economy -- 3. Internal aspects of the euro -- 4. International aspects of the euro -- 5. Lionel Robbins lecture -- 6. The future of the EMU, the euro, and international finance -- 7. The role of gold in the international monetary system -- 8....

We analyze the dynamics of a simple growth model in which production occurs with a delay while new capital is installed (time-to-build). The time-to-build technology is shown to yield a system of functional (delay) differential equations with a unique steady state. We demonstrate that the steady...

Currency Crises, Monetary Union and the Conduct of Monetary Policy is a book of debate and analysis by some of the world’s most eminent economists including four Nobel Laureates, on problems relating to the international monetary system, economic growth and monetary policy.