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Environment
Looks at the problems facing Europe's environment, and suggests ways in which readers can act to protect their environment.
Economic Valuation and the Natural World
Economic valuation can help improve decisions about protecting the environment . By inputing values to unpriced goods, it can make public choices more cost-efficient and thus allow limited public income to be optimally spent.
International Economic Law and Monetary Measures
The 20072010 global financial crisis re-opened the debate on the reform of the international monetary and financial system. This well-argued book demonstrates the strategic role of international economic law (IEL) in ensuring international monetary stability and global financial stability. After discussing the current allocation of powers among IEL institutions, Annamaria Viterbo focuses on monetary measures: exchange restrictions, capital controls and exchange rate manipulations. These three fundamental topics are then examined through the lens of a multi-layered methodology, adopting perspectives from international monetary law, trade law and investment law. The author evaluates how the ho...
The Baltic States
Since the end of the Cold War there has been an increased interest in the Baltics. The Baltic States brings together three titles, Estonia, Latvia and Lithuania, to provide a comprehensive and analytical guide integrating history, political science, economic development and contemporary events into one account. Since gaining their independence, each country has developed at its own pace with its own agenda and facing its own obstacles. The authors examine the tensions accompanying a post-communist return to Europe after the long years of separation and how each country has responded to the demands of becoming a modern European state. Estonia was the first of the former Soviet republics to enter membership negotiations with the European Union in 1988 and is a potential candidate for the next round of EU expansion in 2004. Lithuania and Latvia have also expressed their desire for future membership of NATO and the EU.
Do Markets Underprice Natural-resource Commodities?
Not systematically, except for the environmental externalities associated with the production and use of natural- resource commodities - especially mineral commodities, which cause the most pollution.
The Uruguay Round and Net Food Importers
This paper attempts to assess the incremental external financing requirements occasioned by changes in world food prices, due to implementation of the Uruguay Round Agreement on Agriculture, for a sample of 57 developing countries. Based on estimates of changes in food prices due to the Round obtained in previous studies, and on detailed data on food trade by country and commodity, the present study shows that the increase in net food import costs are likely to be smaller than 4 percent of net food imports over a period of six years for the countries considered, although for some of the larger trading nations the effect may exceed US$10 million.
Market Discipline Across Countries and Industries
Leading academics and policymakers address the theory of market discipline and consider evidence across different industries and countries. The effectiveness of market discipline -- the strong built-in incentives that encourage banks and financial systems to operate soundly and efficiently -- commands much attention today, particularly in light of recent accounting scandals. As government discipline, in the form of regulation, seems to grows less effective as the banking industry and financial markets grow more complex, the role of market discipline becomes increasingly important. In this collection, which grew out of a conference cosponsored by the Federal Reserve Bank of Chicago and the Ba...
