Money & Finance in Transition

Economics is undergoing important shifts in focus and theoretical orientation. In part, this has been a response to the need to address changing economic circumstances, including the collapse of communism, globalisation and financial volatility. In addressing those problems economists have also been forced to re- examine many long held principles and approaches. This book is a collection of essays addressing themes that are part of that process of critical re-evaluation: exchange rate regimes, internationalisation of investment, and the economics of transition. The book brings these issues together in a way that draws out some of the common themes and issues as well the current frontier of research in each area.