This book provides institutional information and uses analytical tools to explains why governments should intervene in economies affected by globalization. With analysis of current country experiences and issues, this book is an essential read for all interested in the demands on economic policy...

To analyze the role of the trade and payments regime in economic development the National Bureau of Economic Research undertook a major research project on this issue. In this article a brief report on some of the findings pertaining to the effect of exchange rates, i. e. devaluation under...