Selected papers from seminars hosted by CESifo, an international network of economists supported jointly by the Center for Economic Studies at Ludwig-Maximilians-Universit?at, Munich, and the Ifo Institute for Economic Research.Discussions of the different theoretical and empirical paradigms for setting and predicting exchange rates.Recent theoretical developments in exchange rate economics hav…
Competitiveness among nations is often approached as if it were a sports competition: some countries win medals, others lose out. This view of countries fighting it out in the economic arena is especially popular in business circles and among politicians. Economists, however, take a very different approach to international economic relations, arguing that international trade leads not to winner…
Economists explore the relationship between expanding international trade and the parallel growth in illicit trade, including illegal drugs, smuggling, and organized crime.OCLC-licensed vendor bibliographic record.