Stanford Studies in International Economics and Development

The process of international economic integration has both ardent advocates and energetic detractors. Over the last half-centory, the dramatic expansion of international trade and capital flows has been linked with unprecedented economic advances. At the same time, many view these closer economic ties as a major complicating factor in macroeconomics management, as well as a leading cause of financial crises. Moreover, nations share unevenly in global prosperity. Despite some conspicuous successes, many countries remained mired in underdevelopment and want. While supporters of integration attribute these failures mainly to deficiencies in developing countries’ own policies, its opponants often attribute the failures to the self-same factors that help make some countries rich. These live and vital issues are the focus of the Stanford Studies in International Economics and Development. This series, which will include single- and co-authored books as well as edited collections of scholarly papers, deals with a broad spectrum of policy issues that influence the economic performance of low-income countries, including those engaged in the transition from command to market economies. The series concerns itself with the policy reforms that are urgently needed to raise the living standards of the world’s poor, to enhance global cooperation and security, and to foster broader participation in the benefits engendered by growth in the global economy This series is closed.