Contemporary Economic Issues

1. Front Matter

   Pages i-xiv

   PDF

2. Trade

   1. Front Matter

      Pages 1-1

      PDF

   2. Technological Determinants of Trade

      • Gene M. Grossman, Elhanan Helpman

      Pages 3-22

   3. The New Economic Geography: A Selective Survey

      • Masahisa Fujita, Jacques-François Thisse

      Pages 23-43

   4. The Political Economy of International Trading Arrangements: A Survey

      • Robert E. Baldwin

      Pages 44-64

   5. The Multinational Enterprise as a Learning Organization

      • Donald R. Lessard, Alice H. Amsden

      Pages 65-81

   6. The Emergence of the World Economy

      • Ronald Findlay

      Pages 82-122

3. Payments and Debt

   1. Front Matter

      Pages 123-123

      PDF

   2. Presidential Address: Deep Crises and Reform — What Have We Learned?

      • Michael Bruno

      Pages 125-159

   3. The Sustainability of African Debt

      • Daniel Cohen

      Pages 160-181

   4. Fixed versus Flexible Exchange Rates in 1995

      • Alberto Giovannini

      Pages 182-193

A comprehensive overview of current research in the field of trade, payments and debt. Grossman and Helpman provide a non-technical review of the literature on technological deteminants of trade. Thisse and Fujita discuss current work on the spatial configuration of economic activities. Robert Findlay tracks world trade from 1000 to 1750, while Robert Baldwin surveys the impact of international trading alliances. In his Presidential paper, the World Bank Vice-President Michael Bruno looks at the pattern of debt crises and economic recovery. The sustainability of external debt in Africa is examined by Daniel Cohen. Alberto Giovannini's argues the case for flexible exchange rates.

• economy
• exchange rates
• sustainability
• trade

• CEPREMAP and CEPR, Paris, France

  Daniel Cohen

Policies and ethics