The economic crisis has created a host of problems for working people: collapsing wages, lost jobs, ruined pensions, and the anxiety that comes with not knowing what tomorrow willbring. Compounding all this is a lack of reliable information that speaks to the realities of workers. Commentators and pundits seem more confused than anyone, and ......
Market Reform and Equitable Growth in Latin America
Latin American income distribution is among the most unequal in the world. Both the poor and the wealthy have paid a price for this inequality, which is in part responsible for the region's low growth rates.
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This annual series provides comprehensive analysis on current and emerging issues of international trade and macroeconomics. Practitioners and academics contribute to each volume, with papers that provide an in-depth look at a particular topic.
Currency crises are extremely perplexing problems, initially erupting in a country's financial markets and spreading throughout a country's economy and beyond -often with devastating consequences for real economic activity.
Rules-Based Policy Options for Addressing the Federal Fiscal Crisis
Can the Debt Growth be Stopped? explores new fiscal rules introduced in OECD countries to determine if new fiscal rules should be enacted in the United States. The centerpiece of the study is analysis of fiscal rules using a dynamic simulation model.
Rules-Based Policy Options for Addressing the Federal Fiscal Crisis
Can the Debt Growth be Stopped? explores new fiscal rules introduced in OECD countries to determine if new fiscal rules should be enacted in the United States. The centerpiece of the study is analysis of fiscal rules using a dynamic simulation model.
This work argues that the common view that China's gradualistic approach has served it well overlooks the fact that state-owned banks for the last two decades have channeled household savings into money-losing companies. It suggests China should recapitalize and restructure its banking system.