The debt crisis of 1982 caused serious economic disruptions in most developing countries. Reform, Recovery, and Growth explains why some of these countries have recovered from the debt crisis, while more than a decade later others continue to stagnate.Among the questions addressed are: What are...

As a united global economy evolves, economists and policymakers are forced to consider whether the current system of taxing income is inconsistent with the trend toward liberalized world financial flows and increased international competition. To help assess existing tax policies and incentives,...

Studies in the Economics of Aging is the fourth book in a series from the National Bureau of Economic Research that addresses economic issues in aging and retirement. Building on the research in The Economics of Aging (1989), Issues in the Economics of Aging (1990), and Topics in the Economics...

Economists have long recognized the importance of capital accumulation for productivity and economic growth. The National Bureau of Economic Research is currently engaged in a study of the relationship between such accumulation and taxation policies, with particular focus on saving, risk-taking,...

In the increasingly global business environment of the 1990s, policymakers and executives of multinational corporations must make informed decisions based on a sound knowledge of U.S. and foreign tax policy. Written for a nontechnical audience, Taxing Multinational Corporations summarizes the...

The tax rules of the United States and other countries have intended and unintended effects on the operations of multinational corporations, influencing everything from the formation and allocation of capital to competitive strategies. The growing importance of international business has led...

Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a single catastrophic event might exceed 10 billion was unthinkable. With ever increasing property-casualty risks and unabated growth in hazard-prone...

This clear, concise summary of the in-depth analyses presented in The Political Economy of American Trade Policy examines the level, form, and evolution of American trade protection.In case studies of trade barriers imposed during the 1980s to help the steel, semiconductor, automobile, lumber,...

When communism fell in 1989, the question for most Eastern European countries was not whether to go to a market economy, but how to get there. Several years later, the difficult process of privatization and restructuring continues to concern the countries of the region. The Transition in Eastern...

The realities of Japanese-U.S. trade and investment relations are clouded by mistrust, misinformation, and myth. In what way is the Japanese economic system different, and is it to be emulated or challenged? The contributors, from both the United States and Japan, explore Japanese trade...