Contemporary Economic Issues

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.

Inhalt
The International Economic Association - Preface; M. Bruno - List of Abbreviations and Acronyms - Notes on the Contributors - Introduction; D.Cohen - Technological Determinants of Trade; G.M.Grossman & E.Helpman - The New Economic Geography: A Selective Survey; M.Fujita & J-F.Thisse - The Political Economy of International Trading Arrangements: A Survey; R.E.Baldwin - The Multinational Enterprise as a Learning Organization; D.R.Lessard & A.H.Amsden - The Emergence of the World Economy; R.Findlay - International Economic Association: Presidential Address; M.Bruno - The Sustainability of African Debt; D.Cohen - Fixed versus Flexible Exchange Rates in 1995; A.Giovannini - Index