Economists, trade policy experts, and legislators express their views on the competitive position of the United States in world trade.

Contributors review the collapse of the Bretton Woods system of fixed exchange rates and the historic 1985 agreement by the Group of Five.

The author offers recommendations for improving developing country debt.

The author concludes that fiscal policy is a more potent countercyclival tool than monetary policy under flexible exchange rates.

Economists, trade policy experts, and legislators express their views on the competitive position of the United States in world trade.

The author offers recommendations for improving developing country debt.

The author concludes that fiscal policy is a more potent countercyclival tool than monetary policy under flexible exchange rates.

Contributors review the collapse of the Bretton Woods system of fixed exchange rates and the historic 1985 agreement by the Group of Five.

This paper investigates whether the diversity of activities conducted by financial institutions influences their market valuations. We find that there is a diversification discount: The market values financial conglomerates that engage in multiple activities, e.g., lending and non-lending...