By introducing a new national currency in November 1993, the Republic of Kazakstan took a decisive step towards establishing its political and economic independence. In the following years, Kazakstan made great efforts to lay the institutional foundation for econonmic policy in line with a free...

and Summary -- I. A re-examination of the state of growth and stabilization theories -- 1. Second Thoughts on Growth Theory -- 2. The State of Macroeconomics -- 3. The Rich Country-Poor Country Problem: From the Eighteenth to the Twenty-First Centuries -- II. Innovations in financial markets and...

"A readable, balanced, and provocative view of the prospects for fruitful international economic cooperation. The papers are realistic: each discusses the difficulties involved in reaching cooperative solutions or procedures as well as the benefits of doing so. The discussion among the...

Abstract Die Einführung der Freizügigkeit für finanzielle Dienstleistungen und die Liberalisierung des Kapitalverkehrs innerhalb der EG werden für den europäischen Bankenseklor strukturelk Veränderungen mit sich bringen. Grundlagen für das Projekt eines integrierten Finanzmarktes sind das...