Rules for the Global Economy is a timely examination of the conditions under which international rules of globalization come into existence, enabling world economic and financial systems to function and stabilize. Horst Siebert, a leading figure in international economics, explains that these...

In this book, one of Germany's most influential economists describes his country's economy, the largest in the European Union and the third largest in the world, and analyzes its weaknesses: poor GDP growth performance, high unemployment due to a malfunctioning labor market, and an unsustainable...

I Introduction -- 1 The Problem -- 2 Using the Environment—An Allocation Problem -- II Static Allocation Aspect -- 3 Production Theory and Transformation Space -- 4 Optimal Environmental Use -- 5 Environmental Quality as a Public Good -- 6 Property-Rights Approach to the Environmental Problem...

The book interprets nature and the environment as a scarce resource. It offers a theoretical study of the allocation problem and describes different policy approaches to the environmental problem. The entire spectrum of the allocation issue is studied: The use of the environment in a static...

The book interprets nature and the environment as a scarce resource. It offers a theoretical study of the allocation problem and describes different policy approaches to the environmental problem. The entire spectrum of the allocation issue is studied: The use of the environment in a static...

I. Allocation Policy in a Resource-Exporting Country -- 1. The Role of Resource Exports -- 2. The Impact of the Resource Sector on the Economy -- 3. Intertemporal Allocation -- 4. Some Policy Issues -- II. On the Short-Run and Long-Run Effects of a Resource Boom -- 1. Introduction -- 2. Possible...

This book interprets nature and the environment as a scarce resource. It offers a theoretical study of the allocation problem and describes differentpolicy approaches to the environmental problem. The entire spectrum of the allocation issue is studied: the use of the environment in a static...