This paper provides an overview of the evolution of macroeconomic thought from 1936, the year John Maynard Keynes published his general theory of employment, interest and money to the year 2010. It explores the reasons for the extension of the business cycle during the postwar period. The paper...

The globalization of the world economy is characterized by a huge amplification of the interconnections collaborations and interdependencies between the national states generated from the tendency of the economical objectives and interests to exceed the national borders. Using this obvious truth...

This paper analyzes the causes and implications of recent financial crises. Financial crises in general lead to changes in both theory and practice of economics. The paper takes an historical overview. The global consensus of economic theory during the 20th century is discussed. The paper...

Even after 40 years of sanctions, there remain huge differences of opinion on U.S.-Cuba relations. One point all sides agree on, however, is that sooner or later sanctions will be removed. Lifting sanctions raises several issues concerning sugar trade between the two countries. With U.S. sugar...

Even after 40 years of sanctions, there remain huge differences of opinion on U.S.-Cuba relations. One point all sides agree on, however, is that sooner or later sanctions will be removed. Lifting sanctions raises several issues concerning sugar trade between the two countries. With U.S. sugar...

This paper examines current agricultural trade negotiations at the World Trade Organization, with particular attention to the relationship between liberalization and developing countries’ economic growth and food security. Agriculture remains one of the most highly protected arenas of...

Understanding the impacts of the Uruguay Round (UR) Agreement on southern commodities serves as a starting point to assess the potential impacts of the next global trade negotiations in terms of hope (expanding export markets) and fear (new competition). Key issues examined include whether or...

This article examines the position of the American state in contemporary information and communication sector globalisation activities. Through an assessment of the role played by the United States in Uruguay Round GA TT services and intellectual property rights provisions and related global...