International Economics: Theory and Policy (International Edition)

At the start of the twenty-first century, international aspects of economics remain as important and controversial as ever. In the last decade alone, major currency and Financial crises have rocked industrializing countries from East Asia to Latin America; countries in Europe have given up their national currencies in favor of a common currency, the euro; and growing trade and financial linkages between industrial and developing countries have sparked debate and even open protest inspired by claims that economic "globalization" has worsened worldwide ills ranging from poverty to pollution. Although the United States is more self-sufficient than nations with smaller economies, problems of international economic policy have assumed primacy and now occupy a prominent place on newspapers' front pages.