This volume focuses on factors that have contributed to the deterioration of the U.S. trade balance and the erosion of American competitiveness.

Contributors discuss proposals the legislative veto, the regulatory budget, mandatory applications of cost-benefit analysis, and the Carter administration's regulatory reform initiatives.

The authors of this primer believe that the current approach to federal regulation urgently needs repair.

Contributors review the collapse of the Bretton Woods system of fixed exchange rates and the historic 1985 agreement by the Group of Five.

The Clinton administration has claimed its proposal to increase the minimum wage would not affect employment; other research supports that a higher minimum wage means fewer jobs.

A discussion of the perceived widening wage gap between skilled and unskilled workers that analyzes the implications of such a gap upon trade in the context of NAFTA.

The author offers recommendations for improving developing country debt.

The author analyzes price controls from the Federal Power Commission.