The integration of market economies is one of the most remarkable features of international economics, which has important implications for macroeconomic perfor

The benefits of open markets are tangible. In the last decade, countries that have been more open to trade and investment have achieved double the average annua

This book compares the experiences of the Philippines and Vietnam to gain insight into how openness to trade and financing can increase prosperity. In contrast,

Nobel-Prize-winning economist Paul Krugman argues that business leaders need to understand the differences between economic policy on the national and internati

Macroeconomics is the application of economic theory to the study of the economy’s growth, cycle and price-level determination. Macroeconomics takes account o