Since the first edition of this best-selling book was published, the world has not only experienced further exchange rate crises, but also a ten-year period in which the euro has out-performed many people’s expectations. Interest in exchange rates continues to fascinate scholars and in this...

The economic system of ‘high-growth-period’ Japan was characterized by various properties such as its unique banking system, industrial policy and lifetime employment. Juro Teranishi argues that since the ‘bubble period’ and the subsequent severe downturn of the economy during the 1990s,...

A large and growing academic literature seeks to analyse the key aspects of the International Monetary Fund’s operations from both theoretical and empirical perspectives. This two-volume set draws together what are generally acknowledged to be the most important contributions. In the main it...

This Companion of nineteen essays, accompanied by the editor’s lively introduction, investigates aspects of the philosophical foundations of Adam Smith’s thought as well as his economic analysis and approach to policy. The authors view Adam Smith’s work as an interconnected system of...

This authoritative book presents a selection of the most important published articles and papers on the computing industry – an industry that after five decades of growth permeates virtually all areas of modern economic activity. Many economists believe the diffusion of computing has been a...

This book uses detailed data on individual firms and households to explore the basis behind Estonia’s record as the most successful of all the EU countries over the last decade. We find that much of the reason is the greater flexibility of the Estonian economy, in both price setting in...

Acclaimed articles which explore eight fundamental concepts in international political economy – including power/hegemony, interdependence, regimes, mercantilism, economic statecraft, development/dependency, and imperialism – are reprinted in this important two volume set. Scholarly debates...

Mario Amendola and Jean-Luc Gaffard argue that all too often, markets and technology are treated as two magic words that will open the door to a wealth of riches. An increasing number of governments appear to be aiming for a pure market economy in order to reap the benefits of a benevolent...

Veblen was an original thinker, responsible for introducing and popularising a host of important concepts and insights. He ignited controversy not only in economics, but also in sociology, history and political science. The number and quality of the responses to his work provide evidence of the...

At a time when political leaders of the member nations are not acting to strengthen the multilateral trading system via the World Trade Organization, it is worthwhile to reflect on the WTO’s contributions to global welfare since its inception more than 65 years ago. This volume assembles...