This book provides institutional information and uses analytical tools to explains why governments should intervene in economies affected by globalization. With analysis of current country experiences and issues, this book is an essential read for all interested in the demands on economic policy in globalized age.

Autorentext
CARLOS M. PELÁEZ received a PhD and BS, Phi Beta Kappa, from Columbia University, City of New York, USA. He has published books, essays and articles worldwide, including International Financial Architecture and The Global Recession Risk . He was Director of the Banco Chase and of the Rio de Janeiro Association of Banks and vice President of Chase Manhattan Bank, USA. He is Managing Director of CMP Associates, USA.

CARLOS A. PELÁEZ received the AB in Statistics from the University of Chicago, USA, and the JD from The University of Pennsylvania Law School, USA, where he was Senior Editor of the Journal of International Law . He published International Financial Architecture and The Global Recession Risk , a book on globalization and an essay on the global electric industry. He works for a large law firm in New York City, USA.

Inhalt
Introduction, Scope and Content The World Economy, Prosperity and Conflicts International Official Institutions Banks and Capital Markets Risk Management and World Trade, Investment and Finance The Theory of the State International Trade of Goods and Services Trade Agreements Poverty, the Environment and Climate Change Financial Globalization International Economic Law The Global Recession Risk Conclusion