Robert Mundell – författare

Brings together leading economists to analyze present economic issues and further debate on the need for sound economic policies to avoid a crash on a global scale. Subjects covered include: the US twin deficit, Western European economic integration and Eastern Europe's economic transition.

Single market and monetary integration of EEC countries, Germany's reunification and Central and East Europe's move towards the marketplace are redesigning the european political and economic spheres and creating great opportunities and challenges for Europe and the rest of the world.

Building the "new Europe" is at the core of the new international economic and political initiatives leading the world through the 1990s and toward the 21st century. This challenge rests on dual processes: on the one hand, the European Community-wide single market and monetary integration; and, on the other, the East European transition to the market place and integration with Western economies. This second of two volumes is divided into two parts. The first section includes essays on the general and specific topics linked to the transitions to a market economy and to a pluralist political system. The second section comprises essays on individual countries, such as Hungary, Poland, Yugoslavia, and the Republics of the former Soviet Union.

This collection of essays is concerned with three major and debated topics in international economics, namely interdependence between countries, real and financial integration, and the conflicting relations between industrialized (North) and developing countries (South).