June 1999 - Do globalization and national development reinforce each other? Are they mutually compatible? What opportunities for national development does globalization open? What problems does it pose? What is the proper balance between national, regional, and global responses to the challenges...

This book presents the results of about three years of work finished in early 1992 in the area of private investment and macroeconomic adjustment. Its purpose is to explore the macroeconomic determinants of investment and the causes and cures for the gap between maroeconomic adjustment and...

Global capitalism, vintage 21st century, is less friendly to the international migration of unskilled people than were previous waves of globalization (such as that of the late 19th century). A freer regime for international migration could help to reduce global economic inequality, improve the...

Economic growth in Latin America and the rise of material welfare has lagged behind that of more dynamic areas of the world economy. In a region prone to policy experiments, the policies of the Washington Consensus applied since the 1990s failed to bring sustained growth to most of Latin...

"The long 20th century, from World War One to the early 21st century, has been a period of significant wealth creation and technological breakthroughs but also of booms followed by sharp contractions of output, investment and employment. This long century witnessed two world wars, the rise and...

The art market in historical perspective -- The art sector in China : traditional, Maoist and globalized periods -- Main features of the art market : what is art? how to value it? how art trade is organized? -- Recessions, financial crises and war : impact on the art sector -- How the super-rich...