This volume provides a coherent analysis of the economic, monetary and political aspects of growth dynamics in the Euro area. The different relevant aspects in this debate, presented and discussed by leading scholars and representatives of international organizations, include an assessment of...

The past decade has witnessed a surge in interest in the area of financial globalization and economic performance. This was stimulated by the 1997–1998 Asian financial crisis after plans to adopt full capital account liberalization by IMF member states failed. Scholars have since focused on...

This book reveals significant lessons on how economic prosperity was secured for people over three decades in eight Asian countries. It focusses on the careful way in which these nations designed and implemented pro-growth, liberal economic and financial policies. A new phenomenon – namely...

Financial reform has been a major concern for China’s transitional economy – especially in the realms of banking and insurance – since accession to the WTO in 2001. This book scrutinizes the development and limitations of these industries during the process of institutional transformation,...

Monetary Policy and Taiwan’s Economy questions whether the Asian crisis could have been avoided through the application of recommendations highlighted by the contributors. The conclusion reached is that in an abstract world, perhaps; but in the world in which we live; no. It is argued that the...

This stimulating and authoritative book features original essays from leading scholars in the discipline – each of whom address the question: how should economists do economics? What emerges is a diverse, constructive commentary on how economics is done and how it should be done.

This outstanding collection of Michael Brennan’s writing spans almost thirty years and reflects the rapid development and growing importance of the field of finance over this period.

This three-volume collection – prepared by a leading scholar and practitioner – presents the subject through a collection of important published articles on the debt market.

Analysing how price expectations are formed is essential since the dynamics of market prices are mainly driven by the agent’s belief concerning the future values of prices and by the uncertainty characterising these values. This is a difficult task as prices are highly volatile in most markets...