"David Card and Alan B. Krueger have already made national news with their pathbreaking research on the minimum wage. Here they present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. In a work that has important impl…
Pourquoi le régime de croissance des trente glorieuses s'est-il enrayé ? Comment expliquer que les innovations financières aient d'abord accéléré la croissance avant de déboucher sur une crise majeure ? L'euro, supposé unifier le vieux continent, ne creuse-t-il pas une fracture …
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldw…
Trade credit is extensively used in both domestic and international commercial transactions. Although it clearly supports growth, its significance is even greater for developed countries, where the market has recovered remarkably since the global financial crisis. The number and…
The very rich have gotten a lot richer these past few decades--even during the current economic crisis--while most Americans haven't. How have they managed to restructure the economy to reap the lion's share, tearing new holes in the safety net and saddling all of us with increa…
Explains the functions and powers of the main institutions that govern globalization, the International Monetary Fund, the World Bank, and the World Trade Organization, along with the ramifications, both good and bad, of their policies. Argues that globalization can be a positiv…
Explains the functions and powers of the main institutions that govern globalization, the International Monetary Fund, the World Bank, and the World Trade Organization, along with the ramifications, both good and bad, of their policies. Argues that globalization can be a positiv…
"In this book. Harold James provides a sobering historical perspective, exploring the circumstances in which the globally integrated world of an earlier era broke down under the pressure of unexpected events." "James examines one of the great historical nightmares of the twentie…
Economic developments in Asia have been positive so far in 2007. Growth has been stronger (and in many cases more balanced) than expected across much of the region, again led by China and India, and inflation pressures remain largely contained. Moreover, Asia weathered the recen…