Economic integration is the most noteworthy development in international economic policy at the end of this century. Enthusiasm for the European Union has been infectuous. Yet, there are many aspects for the EU that still remain obscure and which warrant further careful scrutiny. The subject of...

This book deals with a broad range of problems in international economics. The book analyses economic problems in stabilisation policy, exchange rate regimes and international trade policy and taxation. It contains a comprehensive analysis of important problems in international economics in the...

New theories of international trade suggest that pro- tectionism can make sense. This finding depends on the in- troduction of market power and increasing returns to scale into the international trade theory. The enormous political implications of this hypothesis have started a large interest in...