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Financial Regulation in the Global Economy
In recent years, the major industrialized nations have developed cooperative procedures for supervising banks, harmonized their standards for bank capital requirements, and initiated cooperative understanding about securities market supervision. This book assesses what further coordination and harmonization in financial regulation will be required in an era of increased globalization. A volume of Brookings' Integrating National Economies Series
Growing Pains
Growing Pains is a detailed study of the 1993 election and of its implications for Russian development and for the country's relations with the West. The contest, with its deeply contradictory results, was a watershed in the evolution of Russia's fledgling democracy.
Rethinking Estate and Gift Taxation
Although estate and gift taxes raise a small fraction of federal revenues, they have become sources of increasing political controversy. This book is designed to inform the current policy debate and build a conceptual basis for future scholarship. The book contains eleven original studies of estate and gift taxes, along with discussants' comments. The essays provide background and historical information; analyze the optimal taxation of estates and gifts; examine the effects of the tax on charitable contributions, saving behavior, the distribution and level of wealth, tax avoidance and tax evasion; and explore the effects of alternatives to estate taxation.
Peace Process
One message of Peace Process is that the United States has had, and will continue to have, a crucial role in helping Israel and her Arab neighbors reach peace. If American presidents play their role with skill, they can make a lasting contribution. But just as likely, they may misread the realities of the Middle East and add to the impasse by their own errors.
Antitrust Goes Global
Explores the future of transatlantic co-operation in the context of antitrust policies towards cartels, mergers and acquisitions, and vertical restraints. Experts elucidate the changing nature of antitrust enforcement, emphasizing future multilateral and bilateral developments.
