Opening lecture -- Peace and trade: The classical vs the marxian view -- James and John Mill on comparative advantage: Sraffa’s account corrected -- The financial conditions for sustaining the present recovery -- World trade and international finance: lessons from the past -- The influences of...

The purpose of this paper is to examine the relationship between the foreign loan activity of multinational banks and their foreign representation. The investigation of this relationship is important because it shows that the activities of multinational banks cannot be described by an...

The financial crisis of Mexico in 1982 and 1995 had a very different impact on the real sector. The first crisis led to a decade of stagnation while the second was resolved fairly rapidly. Although both crises were caused by a discontinuation and reversal of capital inflows, this paper argues...

The far-reaching liberalization process introduced in Chile after the overthrow of the Allende regime first met with reasonable success, but in the early 1980s a foreign-exchange crisis and a banking crisis appeared to mark the end of the experiment. Liberalization was resumed in 1985 and has...

This thoroughly updated and revised second edition analyses the ideas behind Islamic finance, the forms Islamic finance has taken in practice and the tension between the two that may occasionally arise. Along with an expanded section on the history of the ban on interest, this second edition...